Business
Mistango River Resources Updates on Manibridge's Drill Intersections Including 1.13% Nickel Equivalent over 36.55 Metres
Highlights on the Manibridge Include: MNB040A: 36.55 metres of 1.13% NiEq, including 19.45 m of 1.69% NiEq MNB039: 36.2 metres of 0.69% NiEq including 12.15 m o
About this update from Stardust Metal Corp.
[{"type":"text","content":" Highlights on the Manibridge Include: MNB040A: 36.55 metres of 1.13% NiEq, including 19.45 m of 1.69% NiEq MNB039: 36.2 metres of 0.69% NiEq including 12.15 m of 1.14% NiEq New high-grade nickel zone demonstrates the discovery potential for multiple high-grade nickel shoots within the broader mineralized shell at Manibridge. Toronto, Ontario--(Newsfile Corp. - March 17, 2023) - Mistango River Resources Inc. (CSE: MIS) (the \"Company\" or \"Mistango\") is pleased to update on Metal Energy's progress on the Manibridge Mine. Mistango owns 15% of Manibridge, and Metal Energy owns 85%. The Drill highlights above include the final drill hole assays of Metal Energy's Phase Two drill program (Full results in Table 1, Figures 1 & 2 below) on the high-grade nickel and copper cobalt Manibridge project (the \"Project\" or \"Manibridge\") in the Thompson Nickel Belt, Manitoba. \"This new zone of over 1% nickel mineralization in the Upper Lens demonstrates discovery potential for multiple high-grade nickel shoots within the overall mineralized shell at Manibridge. Manibridge's mineralized shell is over 1 km of strike, traced down to 800 m depth, and locally exceeds 90 m thickness. Drill holes MNB036, MNB037 and MNB040A show the growth of this new nickel mineralized zone that currently measures 25 m thick by 40 m down-dip. This new zone contains our highest-grade continuous nickel intersection (19.45 m of 1.69% NiEq). We have maintained a 100% Ni-sulphide intersection success rate, and 34 of 36 drill holes have intersected over 1% nickel over variable sample widths. These facts demonstrate the robust nature of the Manibridge nickel system. Overall, we're thrilled with the results from 2022's drill programs, and we look to expand and discover additional high-grade nickel mineralization in 2023,\" said James Sykes, CEO of Metal Energy and operator of the Project. Table 1 - Drill hole composite assay results from Sections 3N & 4N - Manibridge Project DDH CompositeWidth (m) Ni% Cu% Co% NiEq% GT (NiEq% x m) MNB036 (4N) Upper Lens 34.25 0.53 0.02 0.01 0.55 18.8 Lower Lens 27.9 0.49 0.02 0.01 0.51 14.2 MNB037 (4N) Upper Lens 4.5 1.35 0.04 0.02 1.4 6.3 Lower Lens 27.15 0.45 0.01 0.01 0.47 12.8 MNB038 (4N) Upper L...