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SPC Nickel Reports 2.25 g/t Pd, 0.41 g/t Pt, 0.43 g/t Au, 1.09% Cu and 0.50% Ni over 22.0 Metres at Janes Property, Ontario
Sudbury, Ontario--(Newsfile Corp. - March 22, 2021) - SPC Nickel Corp. (TSXV: SPC) ( "SPC" ,...
About this update from Spc Nickel Corp.
[{"type":"text","content":"SPC Nickel Reports 2.25 g/t Pd, 0.41 g/t Pt, 0.43 g/t Au, 1.09% Cu and 0.50% Ni over 22.0 Metres at Janes Property, OntarioSudbury, Ontario--(Newsfile Corp. - March 22, 2021) - SPC Nickel Corp. (TSXV: SPC) (\"SPC\", the \"Company\"), a battery metals company focused on exploring for Ni-Cu-PGMs within in the world-class Sudbury Mining Camp, is pleased to announce the results of channel sampling completed at Trench 1 and at Trench 4 on the Janes PGM-Cu-Ni Property (the \"Project\") located 45 km NE of Sudbury, Ontario and to provide an update of exploration activities on the Project. Highlights are as follows:Channel sample #2 (Trench 1) returned 2.25 g/t Pd, 0.41 g/t Pt, 0.43 g/t Au, 1.09 % Cu and 0.50 % Ni over a continuous length of 22.0 metres.Average of 184 samples collected over a 30 metres by 25 metres area at Trench 1 returned 1.71 g/t Pd, 0.30 g/t Pt, 0.31 g/t Au, 0.71 % Cu and 0.31 % Ni.Channel sample #7 (Trench 4) returned 4.15 g/t Pd, 1.00 g/t Pt, 0.35 g/t Au, 0.78 % Cu and 0.66 % Ni over a continuous length of 6.0 metres.High-grade values of up to 103.50 g/t Pd, 43.20 g/t Pt, 7.21 g/t Au over 0.5 metres from Trench 4.Commenting on the results, SPC's CEO, Grant Mourre stated, \"The results from the 2020 surface channel sampling program are very encouraging based on the interval widths, overall grades and the consistency of grades. These results demonstrate the near-surface high-grade potential of the property. The Company plans to incorporate the results from a recently completed IP survey to help generate targets to be tested during the planned 2021 drill program later this summer.\"Channel Sample ResultsA total of 273, 0.5 metres long rock samples were collected from sixteen continuous surface channel saw cuts at Trenches 1 and 4 on the Janes Property. Table 1 summarizes the weighted average results of the sampling program.Trench 1At Trench 1, a total of 184, 0.5 metres long rock channel samples were collected from seven continuous saw cuts with a cumulative total of 93.0 metres. The objective of the sampling program was to provide an accurate assessment of the average grade and distribution of both base and precious metals across the 30 metres by 25 metres outcrop. Furthermore, high-precision spatial positioning of the continuous channel samples allows for samples to be accurately positioned relative to historic dow...