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Northern Graphite Completes 2021 Fieldwork on its South Okak Ni-Cu-Co Property
Ottawa, Ontario--(Newsfile Corp. - October 5, 2021) - Northern Graphite Corporation (TSXV: NG...
About this update from Northern Graphite Corporation
[{"type":"text","content":"Northern Graphite Completes 2021 Fieldwork on its South Okak Ni-Cu-Co PropertyOttawa, Ontario--(Newsfile Corp. - October 5, 2021) - Northern Graphite Corporation (TSXV: NGC) (OTCQB: NGPHF) (the \"Company\" or \"Northern\") is pleased to announce the completion of the 2021 summer field season on its South Okak Ni-Cu-Co Property in Labrador. South Okak consists of 473 claims covering 11,825 hectares that are prospective for magmatic nickel sulphide deposits similar to Vale's Voisey Bay Mine which is located 80 kilometers to the south. The South Okak area returned some of the best intersections outside of Voisey's Bay in the 1990s but the area was not thoroughly explored due to a subsequent decline in nickel prices. The 2021 field program represents the first time South Okak has been examined as part of one consolidated land package using a more complete understanding of the geological and structural controls of the Voisey's Bay deposits and modern geophysical techniques. The 2021 program was very successful in improving the Company's understanding of structural controls relating to existing targets and in identifying new targets. Over 200 rock samples were collected throughout the property and over 40 kilometers of high-resolution magnetometer data was acquired over two high priority areas. Results will be released when assays are received and all the data has been processed and compiled. Weathered massive sulphide, 1558 Zone, South OkakTo view an enhanced version of this graphic, please visit:https://orders.newsfilecorp.com/files/4186/98620_82b2135b4451ea98_002full.jpgGregory Bowes, CEO commented that: \"The evolution to electric vehicles has created a high level of interest in battery metals such as Ni/Co/Cu and South Okak definitely needs a second look now that the land package has been consolidated and geologic knowledge and geophysical techniques are much more advanced.\" He added that: \"Excellent progress was made during the 2021 field season which will enable the Company to design a Phase 2 exploration program that will include a deep penetrating geophysical program and a drilling campaign in 2022.\"The 2021 field program was guided by comprehensive data compilation from historic assessment reports which included documentation of all known mineral showings and geophysical targets as well as 3D inversion processing of the m...