Business
SPC Nickel Begins Resource Infill Drilling Program on the West Graham Project, Sudbury, Ontario
SPC Nickel Begins Resource Infill Drilling Program on the West Graham Project, Sudbury, Ontario ...
About this update from Spc Nickel Corp.
[{"type":"text","content":"\n \n \n \n SPC Nickel Begins Resource Infill Drilling Program on the West Graham Project, Sudbury, Ontario\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n SUDBURY, ON\n \n \n ,\n \n \n March 1, 2023\n \n \n /CNW/ -\n \n SPC Nickel Corp.\n \n (TSXV: SPC) (\n \n \"SPC Nickel\"\n \n ), is pleased to provide an update on its recently consolidated West Graham-Crean Hill 3 Project (collectively, the \"Project\") and to announce the commencement of the Phase 1 drill program.\n \n \n On\n \n January 23, 2023\n \n , SPC Nickel announced the signing of an Agreement with Vale Canada (\"Vale\") granting SPC Nickel the right to earn 100% interest in the Crean Hill 3 Property which is adjacent to SPC Nickel's West Graham Property (see Figure 1 for property location and SPC Nickel's\n \n January 23, 2023\n \n , press release for full details of the Agreement).\n \n \n \n Highlights\n \n \n \n \n As an advanced project, the combination of the West Graham and Crean Hill 3 assets is a transformational opportunity for SPC Nickel. The historical mineral resources on these properties form one contiguous near-surface deposit and consist of the following:\n \n \n \n The\n \n Crean Hill 3\n \n Property hosts a historic mineral estimate\n \n of 16.78Mt @ 0.43% Ni and 0.30% Cu (0.53% Nickel Equivalent)\n \n \n 1\n \n ;\n \n \n The West Graham Property hosts a historic indicated mineral resource of\n \n 8.55Mt @ 0.45% Ni, 0.31% Cu (0.55% Nickel Equivalent)\n \n along with an inferred mineral resource of\n \n 2.0Mt @ 0.38% Ni, 0.30% Cu (0.48% Nickel Equivalent\n \n )\n \n 2\n \n .\n \n \n \n Previous drilling indicates that the highest-grade mineralization occurs along the property boundary between West Graham and Crean Hill 3 and is interpreted to extend up-dip (southwest) onto the Crean Hill 3 Property.\n \n \n The 5,000 metre Phase 1 drill program of a total 25,000 metre resource definition drill program is schedule to began on\n \n March 3\n \n \n rd\n \n , 2023.\n \n \n The contract for the global mineral resource estimation has been awarde...