(via TheNewswire)
The intersection of rare earth elements, niobium, tantalum, and phosphate mineralization in DDH NP0810 is notable for several reasons: mineralization extends to 480m vertically, amongst the deepest intersections obtained on the Project; the mineralization is continuous from surface to the end of the drill hole; grade of mineralization is consistent with mineralization obtained from drill holes up to one kilometre away; the drill hole is located north of the Southwest Area (“SW Area”) where a succession of 100m-plus drill intersections have been reported recently by the Company; several of the critical elements occurring within the intersection are of sufficient grade to be of potential economic interest. The results from NP0810 plainly demonstrate the extensive continuity of mineralization throughout the
“Drill hole NP0810 was drilled to test Jim’s Showing, near the centre of the
Click Image To View Full Size
Analytical results from the 495 m of continuous mineralization (from 2-497m) of niobium (Nb), tantalum (Ta), phosphate (P2O5), and rare earth elements (REE) including lanthanum (La), cerium (Ce), samarium (Sm), neodymium (Nd), praseodymium (Pr), yttrium (Y), and scandium (Sc) are tabulated below. DDH NP0810 was collared to evaluate the mineralization at Jim’s Showing, located near the centre of the
Hole ID | From | To | Width | Rock | P2O5 | Nb2O5 | Ta2O5 | Sc | Y | La | Ce | Pr | Nd | Sm | ∑REE |
New intersections: | |||||||||||||||
NP0810 | 2 | 125 | 123 | CRBT | 3.04 | 0.116 | 0.0026 | 4 | 88 | 375 | 765 | 92 | 349 | 57 | 1731 |
Combined extended intersections: | |||||||||||||||
NP0810 | 2 | 497 | 495 | -- | 3.72 | 0.091 | 0.0025 | 5 | 119 | 404 | 921 | 117 | 396 | 74 | 2036 |
Principal rock type: CRBT=carbonatite; IJ-PYX BX = breccia with crbt matrix & ijolite or pyroxenite clasts; MEL-IJ = melano-ijolite.
∑REE = Sum of Sc, Y, La, Ce, Nd, Sm; Y - yttrium, La - lanthanum, Ce - cerium, Nd - neodymium, Sm – samarium.
P2O5- phosphate, Nb2O5– niobium oxide, Ta2O5– tantalum oxide, 1g/t = 1 ppm
The mineralization of economic interest contained within the
The Project consists of 46 mineral claims covering an area of ~630 ha.
All samples were analysed by
Prairie
SW | Jim's Showing | East | NE | Other Areas | Total | ||
Historic Drill Holes (1969-1983) | Drill Holes | 16 | 11 | 1 | 0 | 17 | 45 |
Metres | 1351.7 | 938.4 | 34.1 | 0 | 1528.5 | 3852.7 | |
Drill Holes (2007-2010) | Drill Holes | 21 | 10 | 0 | 0 | 1 | 32 |
Metres | 6632 | 1692.4 | 0 | 0 | 101 | 8425.4 | |
Trenches (2010) | Trenching | 1 | 0 | 2 | 2 | 0 | 5 |
Metres | 377.7 | 0 | 433.0 | 754.55 | 0 | 1562.2 |
1Trench lengths are calculated as cumulative length of samples along trench.
Prairie
SW | Jim's Showing | East | NE | Total | |
REEs | |||||
La (ppm) Lanthanum | 275 - 340 | 295 - 360 | 305 - 370 | 200 - 250 | 280 - 340 |
Ce (ppm) Cerium | 650 - 790 | 670 - 820 | 670 - 820 | 450 - 550 | 650 - 790 |
Sm (ppm) Samarium | 55 - 70 | 55 - 70 | 55 - 70 | 50 - 60 | 55 - 70 |
Nd (ppm) Neodymium | 295 - 360 | 290 - 360 | 320 - 390 | 235 - 290 | 300 - 360 |
Y (ppm) Yttrium | 85 - 100 | 90 - 110 | 80 - 100 | 135 - 170 | 85 - 100 |
La+Ce+Sm+Nd+Y (ppm) | 1360 - 1660 | 1400 - 1720 | 1430 - 1750 | 1070 - 1320 | 1370 - 1660 |
Additional Elements (as oxides) | |||||
P2O5 (%)Phosphate | 3.0 - 4.0 | 3.5 - 4.5 | 2.5 - 3.0 | 2.5 - 3.5 | 3.0 - 4.0 |
Nb2O5(%) Niobium | 0.095 - 0.115 | 0.100 - 0.120 | 0.040 - 0.050 | 0.085 - 0.105 | 0.090 - 0.110 |
Ta2O5(ppm) Tantalum | 18 - 25 | 25 - 30 | 5 - 7 | 10 - 12 | 18 - 21 |
Volume - m3(million) | 140 - 175 | 12 - 14 | 13 - 16 | 2 - 3 | 170 - 210 |
Tonnes (million) | 435 - 530 | 35 - 45 | 40 - 50 | 7 - 8 | 515 - 630 |
2A full description of methodology used to estimate the
About
Forward-Looking Statements
This news release contains certain "forward-looking statements." All statements, other than statements of historic fact, that address activities, events or developments that Nuinsco believes, expects or anticipates will or may occur in the future are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as "seek," "anticipate," "believe," "plan," "estimate, “expect," and "intend" and statements that an event or result "may," "will," "can," "should," "could," or "might" occur or be achieved and other similar expressions. These forward-looking statements reflect the current expectations or beliefs of Nuinsco based on information currently available to Nuinsco. Forward-looking statements are subject to a number of risks and uncertainties that may cause the actual results of Nuinsco to differ materially from those discussed in the forward-looking statements, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on Nuinsco. Factors that could cause actual results or events to differ materially from current expectations include, among other things, failure to successfully complete financings, capital and other costs varying significantly from estimates, production rates varying from estimates, changes in world copper and/or gold markets, changes in equity markets, uncertainties relating to the availability and costs of financing needed in the future, equipment failure, unexpected geological conditions, imprecision in resource estimates, success of future development initiatives, competition, operating performance of facilities, environmental and safety risks, delays in obtaining or failure to obtain tenure to properties and/or necessary permits and approvals, and other development and operating risks. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, Nuinsco disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Although Nuinsco believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein.
To learn more, please visitwww.nuinsco.caor contact: | ||||
Instagram:@nuinscoresources | ||||
paul.jones@nuinsco.ca | sean.stokes@nuinsco.ca | cathy@chfir.com | Twitter:@NWIResources |
Copyright (c) 2021 TheNewswire - All rights reserved.
Copyright (c) 2021 TheNewswire - All rights reserved., source