Business
Mink Ventures Intersects Mineralization in All Six Drill Holes at Warren
Toronto, Ontario--(Newsfile Corp. - March 13, 2024) - Mink Ventures Corporation (TSXV: MINK) (" M...
About this update from Mink Ventures Corp.
[{"type":"text","content":"Mink Ventures Intersects Mineralization in All Six Drill Holes at WarrenToronto, Ontario--(Newsfile Corp. - March 13, 2024) - Mink Ventures Corporation (TSXV: MINK) (\"Mink\" or the \"Company\") today announced it has received all assay results for its recently completed six hole, 507-meter drill program at its Warren Nickel Copper Cobalt Project, located approximately 35 km west of Timmins, Ontario. The drilling confirmed the geophysical data and intersected broad zones of sulphide mineralization in all six holes with anomalous nickel, copper and cobalt values associated with disseminated and net textured sulphides. Drill hole W-24-01 was drilled to a depth of 60 meters, and intersected 0.48% Nickel (Ni), 0.12% Copper (Cu), and 0.07% Cobalt (Co) over 0.9 meters in semi massive sulphides typical of those found in the \"A\" Zone surface trenches.Surface sampling on the \"A\" Zone and the recent drill program has shown that the best values to date are associated with massive to semi massive sulphides. The current interpretation is that the initial \"A\" Zone massive sulphide may have formed as a typical sulphide lense, then been broken apart by a later pulse of gabbro. This is based on a number of features seen in the drill core as well as the extent of massive and semi massive sulphides and Ni Cu Co values seen in the \"A\" Zone trenches. Further drilling is required to ascertain the extent of potential massive sulphide zones down plunge and along strike, as the \"A\" Zone has only been tested by very shallow drilling (65 meters vertical) over a short strike length. The \"A\" Zone geophysics suggests a strike length of approximately 700 meters. \"This initial drill program enabled us to confirm our understanding of the geometry and geology of the \"A\" Zone, and fortuitously we clipped the edge of the \"B\" Zone in several holes, which enhanced our understanding of how the zones sit relative to one another. Given the extent of surface nickel, copper, cobalt mineralization on the property, over seven historical mineralized zones, with significant untested strike lengths, the data is compelling and more drilling is warranted,\" said Natasha Dixon, President and CEO. \"We look forward to continuing the exploration work at Warren and remain grateful that half of the cost of this initial drill program was offset with the non-dilutive ...