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NorthX Nickel Provides Exploration Update on the Grasset Nickel Project
Vancouver, British Columbia--(Newsfile Corp. - July 8, 2024) - NorthX Nickel Corp. (CSE: NIX) (OTCQB: NXNIF) (FSE: 6YR) (the "Company" or "NorthX") is pleased t
About this update from Northx Nickel Corp.
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - July 8, 2024) - NorthX Nickel Corp. (CSE: NIX) (OTCQB: NXNIF) (FSE: 6YR) (the \"Company\" or \"NorthX\") is pleased to provide a summary of the drilling completed and an update on the latest geophysics results for work completed through our 2023-2024 exploration program at its 100%-owned Grasset Ni-Cu-PGE Project (\"Grasset\") in the Abitibi Greenstone Belt of Quebec, Canada. Highlights In 2023 and 2024, drilling by NorthX discovered the H1X Discovery Zone (see press release dated March 22, 2024) and include the following results: GR23-03: 1.55% Ni, 0.18% Cu, 1.2 g/t Pt-Pd over 5.80 metres; GR23-07: 2.97% Ni, 0.10% Cu, 4.1 g/t Pt-Pd over 0.44 metres; GR23-08: 1.06% Ni, 0.14% Cu, 0.7 g/t Pt-Pd over 5.60 metres; and GR24-10A: 1.29% Ni, 0.19% Cu, 1.1 g/t Pt-Pd over 7.20 metres. A property-wide airborne magneto-telluric (\"MT\") survey revealed several untested conductive zones in areas with host ultramafics that were never drilled; The Sonic drilling conducted in 2023 identified strong Ni, Co and Cu till geochemical anomalies just northwest of the H1 and H3 mineralized horizons, making it a useful tool to detect mineralized zones under thick glacial overburden; Planning is underway for the next phase of the exploration program consisting of: Drilling to extend the H1X Discovery Zone at depth and to the east; Drill-test conductive EM plates identified in a 2023 ground EM survey below the current resource; Ground MT surveys over the most prospective airborne MT anomalies to better define their shape, location and conductivities as drill targets; and A detailed reverse-circulation drilling program to sample basal tills over known untested ultramafic rocks. \"A compilation of recent geophysical data reveals several untested anomalies immediately to the northwest and east of the Grasset resource in addition to a wide and long conductive zone at the northwest end of our property. These results further support the fertile nature and prospectivity of our flagship Grasset property and clearly indicate that there's still a lot of obvious exploration to do towards making more discoveries. The H1X Discovery Zone is less than 500 metres away from the current resource and is open to expansion. Analysis and planning for the next phase of the program continues as we anticipate following the trend of ...