Business
Gold Mineralization Identified at Zeb Nickel Project Significantly Extends Area of Interest for Potential Gold Resources
Highlights: Historical hole drilled by Falconbridge, UIT01-5 and Zeb Nickel hole, Z026, b...
About this update from Zeb Nickel Corp
[{"type":"text","content":"Gold Mineralization Identified at Zeb Nickel Project Significantly Extends Area of Interest for Potential Gold ResourcesHighlights:Historical hole drilled by Falconbridge, UIT01-5 and Zeb Nickel hole, Z026, both intersected anomalously high gold mineralization in the northern portion of the Project Area.UIT01-5 intersected 2.45 g/t Au over 1 m from a depth of 93 m to 94 m down the hole, and 0.82 g/t Au over 1 m from a depth of 97 m to 98 m down the hole.Hole Z026 intersected 0.68 g/t Au over 1.83 m from a depth of 221.41 m to 223.20, and 1.36 g/t Au over 1.50 m from a depth of 250.50 m to 252m.1Hole Z029 intersected 9.05 g/t Au over 28.32 m, including 12.21 g/t Au over 10.86 m and including 11.25 g/t Au over 10.64 m.2Hole Z027 intersected 1.67 g/t Au over 33.81 m, including 5.07 g/t Au over 4.81 m.3This means that gold mineralization is present over large parts of the Project area, and the Project now holds significant potential for both Ni-Cu-PGE and gold mineralization, which we plan on expanding with further exploration drilling.Vancouver, British Columbia--(Newsfile Corp. - September 19, 2022) - ZEB Nickel Corp. (TSXV: ZBNI) (OTCQB: ZBNIF) (\"Zeb\" or the \"Company\") is pleased to announce that an analysis of reports detailing historical drilling on the Zebediela Project ('the Project\") has revealed the presence of anomalously high gold mineralization in hole UIT01-5, as referenced in the Project's NI 43-101 report, available on the Company's website. This hole is located about 530 m north of hole Z026, which also contained anomalously high gold mineralization. The nickel-PGE results of Z026 were reported in a news release on March 15, 2022. Drillhole UIT01-5 intersected 2.45 g/t Au over 1 m from a depth of 93 m to 94 m down the hole, and 0.82 g/t Au over 1 m from a depth of 97 m to 98 m down the hole. Drillhole Z026 intersected 0.68 g/t Au over 1.83 m from a depth of 221.41 m to 223.20, and 1.36 g/t Au over 1.50 m from a depth of 250.50 m to 252 m. There is no drilling between UIT01-5 and Z026. These two holes are located more than 2 km to the northwest of drillholes Z027 and Z029, the results of which were reported in a news release on April 12, 2022.Gold mineralization on the Project is almost certainly related gold mineralization which occurs on the Pietersburg Greenstone Belt, which hosts the historical Eersteling Gol...