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Go Metals Hits Nickel-Copper-Cobalt Mineralization at All Targets
Vancouver, British Columbia--(Newsfile Corp. - January 25, 2023) - Go Metals Corp. (CSE: GOCO ...
About this update from Go Metals Corp.
[{"type":"text","content":"Go Metals Hits Nickel-Copper-Cobalt Mineralization at All TargetsVancouver, British Columbia--(Newsfile Corp. - January 25, 2023) - Go Metals Corp. (CSE: GOCO) (\"Go Metals\" and/or the \"Company\"), the owner and operator of the HSP Nickel-Copper-Cobalt Project (\"HSP\") on the Côte-Nord of Quebec, has successfully intersected nickel-copper mineralization on all targets as part of the first-ever drilling program.PHASE 1 PROGRAM HIGHLIGHTSAll five nickel-copper-cobalt sulphide targets tested have confirmed mineralization9.3m of 0.43% Ni, 0.17% Cu and 0.05% Co at PGE Central (HSP-22-09)12m of 0.28% Ni, 0.46% Cu and 0.05% Co at Chamber South (HSP-22-02) 2m of 1.31% Cu and 0.15% Ni at Red Mountain (HSP-22-06)Fully funded phase 2 program for 2023Scott Sheldon CEO of Go Metals commented, \"We have confirmed that the nickel mineralization sampled at surface continues to depth and remains open. We are at an early stage in the project's life cycle where limited testing has shown proof of concept in a new district with no historical drilling. A very small fraction of the total conductivity anomalies associated with nickel mineralization have been tested. We will apply our new knowledge to the second phase of drilling in this wide-open district.\"HSP TARGETS EVALUATION SUMMARYChamber Zone - HSP-22-01,02,03,04,05Chamber South encountered alternating layers of moderately southwest dipping massive sulphide/oxides interlayered with anorthosite. Increasing levels of sulphides and base metals down hole in both 01 and 02 indicate potential to improve with depth. Drilling at Chamber South was the only pad to drill from the optimal direction intercepting surface structures and will be a priority drill target for phase 2.Chamber North drilling intercepted anomalous disseminated nickel, copper, and cobalt mineralization over the vast majority of the holes. The best intercept was in HSP-22-05 with 73m of 0.046% Ni, 0.033% Cu and 0.009% Co. The large size of Chamber North (28 Ha or 70 acres) has comparable metal equivalents to porphyry grade mineralization. As disseminated sulphides of the concentrations seen in the drill holes are not typically able to create strong EM anomalies, further trench testing east-west across foliation will help to determine the location of any higher-grade sulphides and better test the massive sulphide layers seen at ...