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Flying Nickel Drills 113.55 Meters Grading 0.41% Nickel, 0.13 g/t PGM at Minago's North Limb in Thompson Nickel Belt
Vancouver, British Columbia--(Newsfile Corp. - September 7, 2022) - Flying Nickel Mining Corp...
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[{"type":"text","content":"Flying Nickel Drills 113.55 Meters Grading 0.41% Nickel, 0.13 g/t PGM at Minago's North Limb in Thompson Nickel BeltVancouver, British Columbia--(Newsfile Corp. - September 7, 2022) - Flying Nickel Mining Corp. (TSXV: FLYN) (OTCQB: FLYNF) (\"Flying Nickel\" or the \"Company\") announces initial diamond drill results from the Company's 100% owned Minago nickel sulphide project 270km south of Thompson, Manitoba. Six holes totaling 2,718 meters were drilled this past winter and the first group of assays have been received from the lab.Drill hole FN-22-003 was drilled to test the down dip extension of previously drilled nickel mineralization in the North Limb deposit beyond the previously drilled maximum depth of approximately 250 meters from surface on section. The hole intercepted 248.35 meters (from 260.45 to 508.8 meters) of ultramafic rocks of varying percentages of disseminated mineralization. To date 75 assay results covering the interval from 284.34 to 397.89 meters have been received. The average grade is 0.41% Ni, 0.01% Cu, 0.01% Co, 0.006 g/t Au, 0.033 g/t Pt and 0.096 g/t Pd over 113.55 meters. John Lee, Flying Nickel CEO comments: \"Under-explored North Limb is delivering promising resource expansion potential. Preliminary assay results confirm the down dip extension of nickel mineralization in the southern portion of North Limb deposit, which made up only 16% of the current Minago resource (84% made up of the Nose deposit).We were also delighted to observe continuous platinum and palladium intercepts throughout the entire 113.5-meter section grading up to 0.242 g/t. Nickel grades appear to be increasing at depth as we eagerly await full assay results in September and October from the Company's maiden drill campaign.\"Flying Nickel announced an open-pit optimized Minago mineral resource estimate, prepared by Mercator Geotechnical Services and AGP Mining Consultants, effective July 2, 2021, which includes a Measured and Indicated mineral resource of 722 million lbs of contained nickel and an Inferred mineral resource of 319 million lbs of contained nickel grading 0.74% nickel based on 86,118 meters of drilling. Reported results* are tabulated below: Hole ID From To Width (m) Ni % Cu % Co % Au g/t Pt g/t Pd g/t Au+Pt+Pd g/t FN-22-003 0 284.34 Pending 284.34 397.89 113.55 0.41 0.01 0.01 0.006 0.033 0.096 0.1...