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Nunavik Nickel Project Exploration Update: New Mineralized Zone Discovered; High-Grade Massive Sulphides Intersected at Kehoe
MONTREAL, Oct. 29 /CNW Telbec/ - Canadian Royalties Inc. (TSX: CZZ) is pleased to announce the di...
About this update from Cleghorn Minerals Ltd.
[{"type":"text","content":"\n\n\n\nMONTREAL, Oct. 29 /CNW Telbec/ - Canadian Royalties Inc. (TSX: CZZ) is\npleased to announce the discovery of a significant new zone of high-grade\nNickel-Copper-PGE (platinum group element) mineralization at Kehoe, located\napproximately 10 kilometres west-southwest of the Expo complex. Thick\nintervals of high-grade mineralization were cut in drillhole KH-08-16, which\nintersected 38.15 metres grading 1.23% Nickel and 1.21% Copper, 0.56 g/t\nPlatinum and 1.99 g/t Palladium, including an 11.90 metre portion that graded\n2.96% Nickel, 1.61% Copper, 1.02 g/t Platinum and 3.54 g/t Palladium.\nSignificant results are also reported for seven (7) additional holes.\n\n\nThe "Endah" showing was discovered in late July, 2008 by diamond drilling\nbeneath a surface showing following a campaign of testing geophysical targets\nelsewhere on the Kehoe intrusion. These results place a new zone of\nmineralization roughly equidistant between the Expo and Mequillon deposits,\nand 5.5 kilometres northeast of Tootoo. The zone is favourably located close\nto the planned road that is proposed to link the Expo complex with the\nMequillon and Ivakkak deposits. These exploration results further attest to\nthe mineral potential of the Expo Intrusive Suite.\n\n\nTable 1 - Endah Showing Composite Assays\n\nHole Width Pt Pd\nNumber From (m) To (m) (m) Ni (%) Cu (%) (g/t) (g/t)\n-------------------------------------------------------------------------\nKH-08-06 to KH-08-10 No significant results\n-------------------------------------------------------------------------\nKH-08-11 100.25 137.00 36.75 0.43 0.82 0.35 1.48\nand\nKH-08-11 144.40 149.30 4.90 2.01 1.22 0.45 2.04\n-------------------------------------------------------------------------\nKH-08-12 and KH-08-13 No significant results\n-------------------------------------------------------------------------\nKH-08-14 131.30 143.00 11.70 1.31 2.12 0.52 1.92\nincluding\nKH-08-14 131.30 138.80 7.50 1.70 2.14 0.47 1.86\n-------------------------------------------------------------------------\nKH-08-15 73.80 93.20 19.40 0.47 0.86 0.32 1.88\nincluding\nKH-08-15 76.00 82.00 6.00 0.73 0.88 0.36 1.97\nand\nKH-08-15 110.00 116.80 2.80 1.16 0.28 0.44 1.40\n-------------------------------------------------------------------------\nKH-08-16 62.30 100.45 38.15 1.23 1.21 0.56 1.99\nincluding\nKH-08-...