To-date the Company has completed four NQ diamond drill holes and 1,229 metres of drilling with all holes encountering visual mineralization including copper, nickel and zinc. The Company cautions readers that visual identification of mineralization does not guarantee, or replace, assay results. Assay results may not meet or exceed results from earlier drill programs. Drill core samples have been selected for assay and the results will be reported once available.
The 2023 summer program is designed for approximately 2,500 metres of diamond drilling and will focus on expanding upon the K1-1 deposit which is a large tonnage, near surface deposit located approximately 3 km east of the past producing Thierry Mine. The K1-1 deposit has a current Inferred Mineral Resource within an optimized Whittle pit shell consisting of the following: 53,614,000 tonnes grading 0.38% Cu, 0.10% Ni, 1.8 g/t Ag, 0.03 g/t Au, 0.05 g/t Pt and 0.14 g/t Pd at a NSR of
CCM-23-51 Complete
CCM-23-51 was collared approximately 60 metres south and 20 metres east of K-11-09 which was previously drilled by
CCM-23-52 Complete
CCM-23-52 was collared approximately 80 metres north of K-11-10 which was previously drilled by
CCM-23-53 Complete
CCM-23-53 was collared approximately 60 metres south of K-11-27 which was previously drilled by
CCM-23-54 Complete
CCM-23-54 was collared approximately 160 metres north of K-11-01 which was previously drilled by
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Contact:
Tel: 1-403-512-8202
Email: iberzins@canadiancriticalmineralsinc.com
Caution Regarding Forward-Looking Information
This news release includes certain information that may constitute 'forward-looking information' under applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements about strategic plans, future work programs and objectives and expected results from such work programs. Forward-looking information necessarily involve known and unknown risks, including, without limitation, risks associated with general economic conditions; inability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favourable terms and other risks.
Forward-looking information is necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information and the risks identified in the Company's continuous disclosure record. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information contained in this news release is given as of the date hereof and is based upon the opinions and estimates of management and information available to management as at the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.
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