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Nicola Mining Inc. Confirms Ore Body 3 Directly Adjacent to Portal 2400
Vancouver, British Columbia--(Newsfile Corp. - July 24, 2019) - Nicola Mining Inc. (TSXV: NIM)...
About this update from Nicola Mining Inc.
[{"type":"text","content":"Nicola Mining Inc. Confirms Ore Body 3 Directly Adjacent to Portal 2400Vancouver, British Columbia--(Newsfile Corp. - July 24, 2019) - Nicola Mining Inc. (TSXV: NIM) is pleased to provide an update on its ongoing 2019 Exploration Program (\"2019 Program\") at the Company's 100%-owned New Craigmont Project, located in British Columbia's Thompson-Nicola Region. The Company has received assays on the first of two drill holes. These holes were successful in intersecting the unexploited, and incompletely delineated No. 3 ore body[1]. The No. 3 ore zone is comprised of silicified wacke with moderate potassium feldspar (k-spar) alteration. The chalcopyrite is fine-grained and occurs as thin irregular veinlets associated with k-spar alteration and disseminated along preferential foliation fabric. A second mineralized zone was intersected at shallower depth (\"Upper Zone), south of the open pit (Figure 1). This Upper Zone is identified by the strong k-spar-chlorite-carbonate alteration with minor brecciation. The chalcopyrite occurs as thin irregular veinlets associated with the alteration and minor dissemination in the host wacke. Ore body 3 is directly adjacent to Portal 2400 and was left in situ for future extraction (Figure 2). Selected Drill Hole Highlights include:Hole ID (UTM Zone 10 Easting, Northing, Azimuth, Dip)Interval width (from - to)Cu (%)Cu + CuEq. (%)ZoneCC-19-71 (647641, 5563495, 357°, -68.0°) 18.0m (279.50 - 297.50 m)0.270.34Upper Zone15.0m (607.50 - 622.50 m)1.011.12No. 3 ore bodyCC-19-72 (647687,5563374, 358°, -57.5°)Including34.0m (389.00 - 423.00 m)0.280.40Upper Zone3.1m (397.00 - 400.10 m)1.111.21CC-19-72Including44.00 m (647.00 - 691.00 m)0.450.56No. 3 ore body 7.00m (653.50 - 659.50m)1.631.73 Figure 1: Craigmont Central 2019 drill target, collar locations and cross-section line (A-A').A’ATo view an enhanced version of Figure 1, please visit:https://orders.newsfilecorp.com/files/4873/46497_3ffb4be1d4b3ca18_005full.jpg Figure 2: Cross section 647660E along line A-A' (Figure 1) looking Eastward.To view an enhanced version of Figure 2, please visit:https://orders.newsfilecorp.com/files/4873/46497_3ffb4be1d4b3ca18_007full.jpgPortal 2400 was utilized as the main haulage drift for underground mining of the Ore body no. 2 and exploration of the No. 3 ore body. Nicola Mining Inc. is a...