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SPC Nickel Provides Update on Aer-Kidd Drill Program
Sudbury, Ontario--(Newsfile Corp. - June 2, 2021) - SPC Nickel Corp. (TSXV: SPC) ( "SPC Nick...
About this update from Spc Nickel Corp.
[{"type":"text","content":"SPC Nickel Provides Update on Aer-Kidd Drill ProgramSudbury, Ontario--(Newsfile Corp. - June 2, 2021) - SPC Nickel Corp. (TSXV: SPC) (\"SPC Nickel\" or the \"Company\") is pleased to provide an update on the Robinson Trend diamond drill program currently underway on the Company's Aer-Kidd Property (the \"Property\") located in the world-class Sudbury Mining Camp.HighlightsHole AK-21-039 intersected 28.85 metres grading 0.85 % Nickel Equivalents (NiEq.) from 523.9 to 561.75 metres (see Table 1).Multiple narrow high-grade massive sulphide intersections reported including:1.68 % Ni, 0.40 % Cu, 0.65 g/t Pt, 0.27 g/t Pd and 0.03 g/t Au over 0.58 metres4.28 % Ni, 1.06 % Cu, 2.46 g/t Pt, 0.11 g/t Pd and 0.11 g/t Au over 0.33 metres1.98 % Ni, 0.69 % Cu, 0.29 g/t Pt, 2.38 g/t Pd and 0.48 g/t Au over 0.72 metresGrant Mourre, CEO and President of SPC Nickel Corp. commented, \"We're encouraged by the results from the near surface 2021 drill program, which continues to demonstrate the potential for the Aer-Kidd Property to host significant mineralization down-dip of the past producing Robinson Mine. We are also actively drilling deeper portions of the property at depths similar to those that host the Totten Mine and the Victoria deposit southwest and northeast of the property, respectively. We are excited about the potential of the property and will continue to aggressively drill the property with two active drills.\"Table 1: Assay results from holes AK-21-037 and AK-21-039.Note: PGM represents Pd g/t + Pt g/t + Au g/t. Equivalent values calculated using the 30-day average metal prices of US$7.97/lbs. Ni, US$4.61/lbs. Cu, US$1,226/oz Pt, US$2,917/oz Pd, US$1,844/oz Au and $27.38/oz Ag. Recoveries were not used in calculations. Note that all drilling intervals are down-hole lengths. True thicknesses cannot be estimated with available information.To view an enhanced version of this table, please visit:https://orders.newsfilecorp.com/files/6510/86197_spc_table1.jpgRobinson Trend DrillingSince late March, SPC Nickel has drilled five holes totaling 2,686 metres targeting the down-dip extension of the past producing Robinson Mine (see Table 2 to this release). Mineralization previously encountered within this area consists of narrow (up to 1.60 metres) intervals of high-grade massive sulphide (up to 7.96 % Ni, 7.5 % Cu) within a larger mineralized...