Huntsman Exploration Inc. provided an update on the 5,000 m drilling program at Company's wholly owned Canegrass Nickel Project in Western Australia. 2022 Drill Program Update
RC drill program of approximately 1,500m is complete with visually encouraging results received to date and all holes are pending assays which are due in the coming weeks
RC drill targets include Bonecrusher, Saintly, Tulloch, Tobin Bronze and Sunline which span across an approximate strike length of 2.5 km. The Bonecrusher targets intersected an 18 m wide zone of pyroxenite/gabbro with disseminated/stringer sulphides predominately pyrrhotite throughout. The zone is proximal to a DHEM target modelled from drill hole BBRC010. The Saintly target has yielded numerous magnetiterich horizons with sulphides. The Tulloch target has displayed the same geology encountered in previous exploration programs, while testing the northern extent of the mineralization. The Tobin Bronze target has intersected a shear zone that may be the source of the EM anomaly. The Sunline target has also encountered similar geology that provided positive results in previous exploration programs and is designed to test the zones at depth Diamond Drilling program of approximately 3,500 m is complete with the initial targets at the EM Platform hole, which will be utilized after drilling for further geophysical downhole surveys. The EM Platform hole has been highly encouraging to date with recent drilling intercepting several continuous broad zones of interpreted host nickel mineralization from 120 m to 270 m depth, demonstrating excellent initial continuity Challenging market conditions for assay turn around time continues to persist with a current 9-12week TAT, as Huntsman awaits all its diamond drill assays currently 2022 Exploration Strategy. The Canegrass Project is situated in the Windimurra Intrusive Complex within a favourable geological setting and multiple mineralized horizons in favourable host rocks. The Project is not presently geologically constrained and offers exceptional exploration potential. The project has only been explored approximately 20% out of the total 7 km strike length of the mineralized shear zone. The potential for the current zones to be connected along strike and at depth is strong, and Huntsman plans to exploit the gaps in the 2022 and upcoming exploration programs. The current 2022 exploration program is designed to take aggressive step outs on it already existing mineralized zones delineated by the 2018 and 2021 drill programs. The Canegrass project has over 7 km of strike along a proven mineralized zone with 5 high priority targets contributing to 2.5 km in the northern part of the project, which are Bonecrusher, Saintly, Tulloch, Tobin Bronze, and Sunline. Building on the existing findings Huntsman believes the zones have strong continuity along strike and at depth. These targets will be exploited with both RC and Diamond drilling drillholes to better define and understand the largescale system. Utilizing the holes from 2022 drill program will allow for additional downhole geophysical surveys that have helped in the past discover new mineralized lenses at Canegrass.