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Mink Ventures Reports Positive Base Metal Assays from Sampling Program at Warren Copper Nickel Project, Timmins, Ontario
Toronto, Ontario--(Newsfile Corp. - September 20, 2023) - Mink Ventures Corporation (TSXV: MINK) ...
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[{"type":"text","content":"Mink Ventures Reports Positive Base Metal Assays from Sampling Program at Warren Copper Nickel Project, Timmins, OntarioToronto, Ontario--(Newsfile Corp. - September 20, 2023) - Mink Ventures Corporation (TSXV: MINK) (\"MINK\" or the \"Company\") today announced positive base metal assays from a summer sampling program at its Warren project. The Warren property covers 1,010 hectares of land, located in Whitesides Township, approximately 35 km west of Timmins, Ontario. (See Figure 1.) HIGHLIGHTS:Prospecting, sampling, and a geological evaluation of known mineralized zones A, B, and C was completed in the summer of 2023 in order to accurately locate the most prospective zones of mineralization for drill testing. A total of 20 reference grab samples were taken.Sampling efforts confirmed the presence of extensive zones of mineralization; recent sampling demonstrated excellent copper grades and significant nickel, cobalt and silver grades associated with some of the best copper grades. (See Table 1 and Figure 2.)The sampling efforts confirmed that the highest priority target at this time is the A Zone where approximately 120 meters of the zone is exposed in a series of trenches in outcrop. Excellent copper values were noted in the A Zone trenches; the better values ranged from 1.075% to 2.08% Cu. Nickel values of interest from the A Zone ranged from 0.313% to 0.348% Ni. Cobalt values ranged from 0.0389% to 0.0498% Co. Some interesting silver values were also associated with some of the better copper values on the A Zone, silver values ranged from 10.3 ppm to 23.8 ppm silver.The Warren patents host three known zones with copper, nickel, and cobalt mineralization; these have been designated A, B, and C. Two historical bulk samples were completed on the Warren patents; the first bulk sample returned 0.21% Cu, 0.96% Ni, 0.11% Co and 0.10% Zn, and a second bulk sample returned 2.83% Cu, 0.58% Ni, 0.10 Co and 0.13 Zn. The combined A-B zones and the C zone have projected strike lengths of 800 and 1,000 meters of strike length respectively from geophysical data.In the 1950's a resource* calculation of 385,000 tons of 1% Cu + Ni was outlined by Jade Oil & Gas on the Warren patents. Jade Oil and Gas drilled 23 holes to test Zones A and B in the mid 1950's. Highlights include 2.5% Cu+Ni over 7.6 m and 2.8% Cu+Ni over 8.2 meters. *The resour...