Business
Fortune Nickel and Gold Inc. Provides Updates on its Projects in Canada
Fortune Nickel and Gold Inc. Provides Updates on its Projects in Canada.
About this update from Mesa Home Resources Inc.
[{"type":"text","content":"Rye Brook, New York--(Newsfile Corp. - August 19, 2021) - Here To Serve Holding Corp. (OTC Pink: HTSC) is pleased to announce its wholly owned subsidiary, Fortune Nickel and Gold Inc. (\"Fortune\" or the \"Company\") has completed several geophysical, geological, and other technical reviews and soon plans to drill its Gowan and Beck-Ottaway projects located in the Timmins area of Ontario. This area lies at the heart of the Abitibi greenstone belt, which contains some of the world's largest deposits of gold, silver, copper, zinc, nickel, and platinum-group metals.According to Sharp Geophysical Solutions Inc., Fortune's Beck-Ottaway claims are 10 miles north of Canada Nickel's deposits in the Crawford area and have similar geophysical characteristics. A coincident regional-scale structure interpreted from the gravity, magnetic and resistivity data strikes NW-SE and includes gold, nickel, and copper showings. Two historic drill holes lie equidistant from this structure and contained anomalous gold and nickel (100 ppb and 0.1%, respectively) within ultramafic host rocks. Mineralization at Fortune's Gowan claims have a 1968 discovery drill hole that contained 27 feet of 3.5% nickel and 1.2 % copper that has similar geophysical anomalies to Class One Nickel's Alexo-Dundonald project located 10 miles to the east.According to Paul Riss, Fortune's President, \"Sharp Geophysical Solutions has been extremely positive in their historical reviews and, along with our other consultants, identified several drill targets on both projects. As the Company believes its projects have substantial nickel, gold, and copper potential, it plans to expend at least $5 million dollars during the next two years from capital generated by the operations of its sister company, ICF Industries Inc. Strategic Advisor David Beling, P.E. is currently reviewing drill plans, budgets and other aspects of our proposed drill program to maximize results for every exploration dollar.\"During the past 57 years, Mr. Beling examined, significantly reviewed, or was directly involved with 90 underground mines, 136 open pit mines and 168 process plants around the world, mainly in the copper, gold, cobalt, nickel, and uranium sectors. Since 1981, Mr. Beling also served on the board of directors of 15 public and private USA and Canadian mining companies.From July 2011 to October 2...