These results, coupled with results from the limited historical drilling completed in the immediate area, suggest the Ducros Sill represents a very large nickel-cobalt exploration target very similar to surrounding high-tonnage nickel-cobalt projects in the Abitibi Greenstone Belt. The company also provides a corporate update as
Highlights
QNI has drilled a fence of holes at the Ducros Sill target which cuts across a wide magnetic high feature representing the geophysical expression of the serpentinized portion of the ultramafic intrusion.
The fence of holes was designed to follow-up on historical drilling completed in 1987 which yielded 0.22% nickel and 120 ppm cobalt returned from dunitic rocks occurring in the last 20 metres of an abandoned 107-metre-long drill hole.
The three recently completed holes encountered long core intervals of variably serpentinized dunite and peridotite, including an almost 300-metre-long intersection in hole QDG-23-505.
Ducros Sill
The Ducros Sill target lies in the southern half of the two-kilometer wide by ten-kilometer long
Current Drill Results
Hole QDG-23-503 was collared on the west side of the targeted magnetic high and was drilled eastward at a dip of -45-degree, towards the centre of the ultramafic intrusion. The hole encountered a package of intercalated mafic and ultramafic intrusive rocks, including gabbro, pyroxenite and dunite, from 23 to 308 metres downhole depth before cutting a 142-metre-long interval of serpentinized dunite, believed to be the same unit encountered in hole 87-6 by Abitibi. The hole remains in this lower dunite unit until the planned end of hole at 450 metres depth. Of note is the occurrence of native copper on fracture surfaces within the altered dunite unit.
Hole QDG-23-505 was collared approximately 210 metres east of QDG-23-503 and drilled towards the east at a -45-degree dip to the planned end of hole depth of 402 metres. The hole collared in variably serpentinized dunite at 21 metres hole depth and remained in the altered ultramafic unit until 314 metres, a 293-metre-long intersection, where it encountered metasedimentary basement rocks. The ultramafic unit is cut by rare narrow
(C) 2023 Electronic News Publishing, source