Ultramafic rock

Palladium One Begins 2,000-Meter Phase II Drilling and Outlines EM Conductors at Smoke Lake High-Grade Sulphide Nickel Zone of the Tyko Project in Ontario

Retrieved on: 
Tuesday, April 6, 2021

A 2,000-meter Phase II drilling program on the Smoke Lake high-grade sulphide nickel discovery at the Tyko Sulphide Nickel Project has started.

Key Points: 
  • A 2,000-meter Phase II drilling program on the Smoke Lake high-grade sulphide nickel discovery at the Tyko Sulphide Nickel Project has started.
  • Tyko Phase II Drilling Program and EM Surveys, Ontario, Canada
    A 2,000-meter Phase II drilling program at the high-grade sulphide-nickel discovery of Smoke Lake has started.
  • This deep magnetic body may represent mafic-ultramafic rocks associated with the Smoke Lake nickel mineralization, and is a high priority target.
  • There is very limited airborne EM coverage surrounding the high-grade Smoke Lake nickel discovery, and absolutely no survey coverage to the south.

Megawatt Continues with Due Diligence on Australian Properties Prospective for Cobalt-Scandium-Nickel and Extends Marketing Agreement

Retrieved on: 
Thursday, March 18, 2021

Of the five properties that are part of this Proposed Transaction, the focus of initial due diligence has been on the three NSW properties Chinook, Kodiak and Caribou.

Key Points: 
  • Of the five properties that are part of this Proposed Transaction, the focus of initial due diligence has been on the three NSW properties Chinook, Kodiak and Caribou.
  • These properties are primarily prospective for cobalt-scandium then nickel andhigh purity alumina(HPA).
  • The three properties are prospective for cobalt-scandium-nickel mineralization as they cover Ultramafic and Mafic 'Alaskan Type' Intrusions within the Lachlan Orogenic belt.
  • The NSW government's Cobar Special Metallogenic Map indicates that Alaskan-type intrusions may extend under cover in all three properties.

Nickel Rock Resources Completes Expansion of the Hard Nickel Project West of the Decar Nickel Project of FPX Nickel Corp.

Retrieved on: 
Tuesday, February 2, 2021

Nickel Rock retains the option to purchase onehalf of the NSR (being onehalf of the 2%) for the sum of $3 million dollars.

Key Points: 
  • Nickel Rock retains the option to purchase onehalf of the NSR (being onehalf of the 2%) for the sum of $3 million dollars.
  • The subject claims are partially underlain by rocks like those hosting the Decar project of FPX Nickel where mineralization includes nickel, cobalt, and chromium.
  • The mineral awaruite is both highly magnetic and very dense and is therefore amenable to concentration by mechanical processes including magnetic and gravity separation.
  • The presence of serpentinized ultramafic rocks has been repeatedly documented in the areas covered by the claims of the Nickel Rock Projects, as well as at FPX Nickel Corp.'s Decar Project (Dipple, G.

Nickel Rock Resources Completes Expansion of the Hard Nickel Project West of the Decar Nickel Project of FPX Nickel Corp.

Retrieved on: 
Tuesday, February 2, 2021

Nickel Rock retains the option to purchase onehalf of the NSR (being onehalf of the 2%) for the sum of $3 million dollars.

Key Points: 
  • Nickel Rock retains the option to purchase onehalf of the NSR (being onehalf of the 2%) for the sum of $3 million dollars.
  • The subject claims are partially underlain by rocks like those hosting the Decar project of FPX Nickel where mineralization includes nickel, cobalt, and chromium.
  • The mineral awaruite is both highly magnetic and very dense and is therefore amenable to concentration by mechanical processes including magnetic and gravity separation.
  • The presence of serpentinized ultramafic rocks has been repeatedly documented in the areas covered by the claims of the Nickel Rock Projects, as well as at FPX Nickel Corp.'s Decar Project (Dipple, G.

FPX Nickel Highlights New Geoscience BC Report Outlining the Potential for Significant Carbon Capture at Baptiste Nickel Project

Retrieved on: 
Monday, November 9, 2020

The goal of Geoscience BCs Carbon Mineralization Potential Project is to produce an inventory of ultramafic rock localities in B.C., quantifying the carbon mineralization (or sequestration) capacity of rock assemblages in the province, including at the Decar Nickel District.

Key Points: 
  • The goal of Geoscience BCs Carbon Mineralization Potential Project is to produce an inventory of ultramafic rock localities in B.C., quantifying the carbon mineralization (or sequestration) capacity of rock assemblages in the province, including at the Decar Nickel District.
  • The Report estimates that the total carbon mineralization capacity of serpentinite rocks in B.C.
  • The Report is available in a preliminary form at the Geoscience BC website ( http://www.geosciencebc.com/projects/2018-038/ ); a final report and public data for the Carbon Mineralization Potential Project will be published in early 2021.
  • A recording of a November 3rd webinar describing the initial findings of the Report is available on the Geoscience BC YouTube channel ( https://www.youtube.com/watch?v=YPwEpUUUIOs ).

Karora Resources Announces New Gold Footwall Zone and Nickel Zone at the Beta Hunt Mine; Regional Gravity Survey at Higginsville

Retrieved on: 
Tuesday, September 8, 2020

Our restarted drilling has also returned some very strong nickel drilling results which sit just above the gold zone at the basalt / ultramafic contact.

Key Points: 
  • Our restarted drilling has also returned some very strong nickel drilling results which sit just above the gold zone at the basalt / ultramafic contact.
  • These strong nickel intercepts could expand our potential nickel resource base and build the case for continued robust nickel by-product credits to our gold AISC costs at Beta Hunt.
  • Given the excellent results in our early drilling at Beta Hunt, we have increased our underground drilling budget by 4,100 metres.
  • We recently received the results of a regional gravity survey over a large area of HGO ground which has very little historical exploration.

Rupert Resources Drills 1.3g/t Gold Over 172.4m From Surface, 2.0g/t Gold Over 71.2m From Surface, 1.2g/t Gold Over 130.5m From 166m and 2.1g/t Gold Over 31m Extending the Strike and Width of the Ikkari Discovery

Retrieved on: 
Thursday, August 20, 2020

Gold is associated with fine-grained disseminated pyrite within planar quartz-carbonate veins and / or disseminated in the host rocks, commonly as fine-grained visible gold.

Key Points: 
  • Gold is associated with fine-grained disseminated pyrite within planar quartz-carbonate veins and / or disseminated in the host rocks, commonly as fine-grained visible gold.
  • Host rocks observed thus far include sedimentary rocks overprinted by albite-sericite alteration, and strongly foliated chlorite-altered ultramafic rocks.
  • A broader, variably mineralised alteration zone comprising magnetite hematite tourmaline K-feldspar fuchsite is also present.
  • Rupert is a Canadian based gold exploration and development company that is listed on the TSX Venture Exchange under the symbol RUP.

Inventus Finds Multiple New Gold-Copper Showings on Its Sudbury 2.0 Property

Retrieved on: 
Thursday, September 12, 2019

The first batch of samples taken from the old mine workings returned assays up to 1.7 g/t gold and 0.14% copper.

Key Points: 
  • The first batch of samples taken from the old mine workings returned assays up to 1.7 g/t gold and 0.14% copper.
  • Inventus plans to prospect the dyke in detail and evaluate its potential for coarse gold, as one sample from the shaft had visible gold.
  • Inventus initially acquired the Sudbury 2.0 Property to explore above the TMA for evidence of a mineralized mafic/ultramafic intrusion.
  • Our principal assets are a 100% interest in the Pardo Paleoplacer Gold Project and the Sudbury 2.0 Project located northeast of Sudbury.

Balmoral Adds Three New Nickel-Copper-PGE Targets, RUM Project, Quebec

Retrieved on: 
Monday, August 26, 2019

The Company now controls 15 individual ultramafic intrusive targets, covered by six separate properties, in the Lac Rocher nickel district in Central Quebec ( see Figure 1 ).

Key Points: 
  • The Company now controls 15 individual ultramafic intrusive targets, covered by six separate properties, in the Lac Rocher nickel district in Central Quebec ( see Figure 1 ).
  • Balmorals exploration team has also recently collected a series of additional samples from the sulphide mineralized outcrop at the Bluenose discovery.
  • The Area 52 target is located on the Companys Fenelon Property, part of its regional scale Detour Gold Trend Project in west-central Quebec.
  • Permit, Quebec), is the non-independent qualified person for the technical disclosure contained in this news release.

FPX Nickel Metallurgical Optimization Achieves Significant Improvements in Recovery

Retrieved on: 
Tuesday, August 6, 2019

The Companys Decar Nickel District claims cover 245 square kilometres of the Mount Sidney Williams ultramafic/ophiolite complex, 90 km northwest of Fort St. James in central BC.

Key Points: 
  • The Companys Decar Nickel District claims cover 245 square kilometres of the Mount Sidney Williams ultramafic/ophiolite complex, 90 km northwest of Fort St. James in central BC.
  • Decar hosts a greenfield discovery of nickel mineralization in the form of a naturally occurring nickel-iron alloy called awaruite, which is amenable to bulk-tonnage, open-pit mining.
  • On behalf of FPX Nickel Corp.
    Certain of the statements made and information contained herein is considered forward-looking information within the meaning of applicable Canadian securities laws.
  • Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.