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   Gold/Mining/EnergySudbury Saturday Night -- Nickel Mining & Nickel Prices

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To: LoneClone who wrote (7759)8/9/2021 5:12:45 PM
From: LoneClone
   of 8373
Northern Graphite Increases Land Position at South Okak Ni-Cu-Co Property

Ottawa, Ontario--(Newsfile Corp. - August 5, 2021) - Northern Graphite Corporation (TSXV: NGC) (OTCQB: NGPHF) (the "Company" or "Northern") is pleased to announce that it has increased its land position at the South Okak Ni-Cu-Co Project ("South Okak") by staking an additional 219 claims. This brings the Company's land holdings to 473 claims covering 11,825 hectares at South Okak which is located 80 km north of Voisey's Bay, Labrador. The additional claims were staked based on information obtained from ongoing data compilation and cover prospective ground not part of the original property acquisition.

"The South Okak area produced some of the best Ni-Cu-Co drill intervals following discovery of the world class Voisey's Bay deposits and it contains numerous highly prospective exploration targets," said Gregory Bowes, Northern's CEO. The Project adds an exploration element to the Company and provides diversification into other battery minerals at a time when their supply/demand outlook is extremely favorable. New sources of supply in politically stable jurisdictions are urgently required."

The compilation of historical data is near completion and field crews will be on the South Okak property shortly. The 2021 field season will focus on evaluating and prioritizing both existing and new targets using geological mapping, prospecting, sampling and ground magnetometer surveys. The results of the 2021 field program will facilitate planning the 2022 field season in anticipation of a full drill program.

In preparation for the field program, satellite-based ASTER Imaging (Advanced Spaceborne Thermal Emission and Reflectance Radiometer) and structural interpretation studies have been commissioned with results expected shortly. The information provided by these studies will be combined with 3D magnetic inversions of airborne data to better define several of the highest priority targets and to identify new targets.

Millions of dollars have been spent by previous owners in the South Okak region and a substantial amount of historical data is available. The area requires a second look due to advances in geophysical data processing including 3D modelling, and a much better understanding of the geology of the high grade Voisey's Bay deposits. They are contained within a large, lower grade disseminated halo located on a large structural break. The South Okak property is situated on the same structure and previous exploration resulted in the discovery of several areas containing significant intervals of disseminated low-grade Ni-Cu-Co mineralization. The importance of these features was not fully understood or appreciated at the time.

About Northern Graphite

Northern Graphite is a mineral development and technology company focused on developing its Bissett Creek graphite deposit and upgrading mine concentrates into high value components used in lithium-ion batteries, electric vehicles, fuel cells, graphene and other advanced technologies. An independent study estimates that Bissett Creek will have the highest margin of any existing or proposed graphite deposit due to its very favorable location, simple metallurgy and the high quality of its concentrates which will provide a competitive advantage in manufacturing products for the green economy.

Bissett Creek is an advanced stage project with a full Feasibility Study and its major mining permit which puts the Company in position to make a construction decision, subject to financing. The Project is located in the southern part of Canada between the cities of North Bay and Ottawa and close to the Trans-Canada highway providing ready access to labour, supplies, equipment, natural gas and markets.

Qualified Person

Gregory Bowes, B.Sc. MBA, P. Geo., a Qualified Person as defined under National Instrument 43-101, has reviewed and is responsible for the technical information in this news release.

For additional information

Please visit the Company's website at, the Company's profile on, contact Gregory Bowes, CEO (613) 241-9959 or visit our Social Channels.


This news release contains certain "forward-looking statements" within the meaning of applicable Canadian securities laws. Forward-looking statements and information are frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "potential", "possible" and other similar words, or statements that certain events or conditions "may", "will", "could", or "should" occur. Forward-looking statements in this release include statements regarding, among others; economic and technical studies, graphite prices, project economics, permitting, the development timeline and the graphite market. All such forward-looking statements are based on assumptions and analyses made by management based on their experience and perception of historical trends, current conditions and expected future developments, as well as other factors they believe are appropriate in the circumstances. However, these statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected including, but not limited to, unexpected changes in laws, rules or regulations, or their enforcement by applicable authorities; the failure of other parties to perform as agreed; social or labour unrest; changes in commodity prices; unexpected failure or inadequacy of infrastructure and the failure of ongoing and contemplated studies to deliver anticipated results or results that would justify and support continued studies, development or operations. Readers are cautioned not to place undue reliance on forward-looking information or statements.

Although the forward-looking statements contained in this news release are based on what management believes are reasonable assumptions, the Company cannot assure investors that actual results will be consistent with them. These forward-looking statements are made as of the date of this news release and are expressly qualified in their entirety by this cautionary statement. Subject to applicable securities laws, the Company does not assume any obligation to update or revise the forward-looking statements contained herein to reflect events or circumstances occurring after the date of this news release.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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From: LoneClone8/9/2021 5:20:27 PM
   of 8373
Nickel: Sibanye-Stillwater close to acquiring Eramet’s Sandouville plant

Posted 5th August 2021 in ?Industry news.
By Jack Anderson

South African precious metals mining company Sibanye-Stillwater (Sibanye) has announced it has entered into a put option agreement with French mining group Eramet for the acquisition of 100% of the Sandouville operation in Normandy, France. The deal is reported to be worth €65M (US$77M) and it is understood that the agreement will be finalised by the end of the year.

Roskill View

The Sandouville operation produces high-purity electrolytic nickel (12ktpy Ni) used by the plating and superalloys sectors as well as high-purity nickel salts (4ktpy Ni). The plant was initially fed by nickel matte feedstock based on converted FeNi from Eramet’s Doniambo operation in New Caledonia. However, Eramet stopped this processing route in favour of shipping its New Caledonian FeNi directly to Asian stainless steel mills, which led to Eramet instead sourcing nickel matte from Boliden’s Harjavalta operation in Finland. The change in matte source required a closure of the Sandouville plant in order to upgrade its production equipment, leading to a cut in its capacity from 16ktpy to 13ktpy. The refinery was reopened in June 2017 and has since produced 6.9kt Ni and 6.3kt Ni in 2019 and 2020 respectively.

For Sibanye-Stillwater, the likely acquisition of Sandouville follows a €40M (US$48M) investment with Keliber Oy that saw Sibanye gain a 30% stake in the company and its wholly owned hard-rock lithium project located in the Kaustinen region of Finland. These transactions provide the South African company with further downstream exposure to the battery metals value chain and the expected demand from the electric vehicle market.

Roskill published its Nickel: Outlook to 2030 and Nickel Sulphate: Outlook to 2030 reports in April and recently published the first quarterly updates to both reports. The reports highlight the latest developments to supply and demand as well as forecasts for stainless steel and battery markets.

Contact the author This article was written by Jack Anderson. Please get in touch below if you wish to discuss further:

Contact the author

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To: LoneClone who wrote (7761)8/9/2021 5:24:44 PM
From: LoneClone
   of 8373
Nickel: BHP applies “Think Big” mantra to nickel acquisitions, expansions and Tesla offtake agreement

Posted 6th August 2021 in ?Industry news.
By Brian Ziswa

In late July 2021, BHP made a bid for Noront Resources. The bid price of C$0.55 a share valued the company at C$325M (US$258.5M), significantly higher than a rival bid by Wyloo Metals of C$0.315 per share (C$186M, US$148M). Noront Resources’ Eagle’s Nest project in Canada is the main prize, an early-stage nickel sulphide project with the potential to produce circa 17ktpy of nickel over at least ten years, according to Roskill estimates.

In July, BHP also announced that it had entered into an offtake agreement to supply Tesla with nickel from its Nickel West asset in Western Australia. In addition to the supply agreement, both companies committed to research and development activities to ensure a more sustainable and traceable supply chain. After both the bid for Noront Resources and offtake with Tesla, BHP released plans to increase nickel concentrate production via expanding capacity at Mt Keith by over 40% from 10.5Mtpy to 15Mtpy.

Roskill View

Nickel is a relatively small component of BHP’s business, accounting for less than 3% of the company’s revenue in FY20. However, the once up for sale business unit has been strategically reincarnated on the back of soaring demand for nickel-based cathodes in lithium-ion batteries. Refocussing on the now in favour Nickel West assets will likely come at the expense of coal and petroleum as the company looks to increase its exposure to clean energy storage sectors.

According to Roskill analysis, nickel demand is forecast to increase by over 70% between 2021 and 2030. This is expected to be underpinned by demand for nickel sulphate, the chemical form used in electric vehicles. Demand for primary nickel from the battery sector is expected to increase from 8% in 2021 to account for over a quarter of the nickel market by 2030. In volume terms, this will mean demand increasing by over 500%. When it comes to nickel sulphate, not all nickel is equal, with only a certain portion of the overall nickel supply suitable to be converted into nickel sulphate economically and sustainably. Tsingshan’s nickel pig iron (NPI) conversion route to matte, along with POSCO’s recent announcement for ferronickel (FeNi) to matte conversion, will increase feedstock units for conversion to nickel sulphate. However, question marks over the greenhouse gas (GHG) emissions intensity of this process route remain.

The 100kpy nickel sulphate plant at BHP’s Kwinana Nickel Refinery will commence production in Q3 2021. Regardless of whether any future output from Eagle’s Nest is destined for batteries, output from Nickel West holds as one of the most sustainable (from a carbon emissions perspective) nickel sulphate production routes globally, according to Roskill’s Sustainability & Cost Analysis.

The proposed expansion of the Nickel West operation poses some interesting questions about its current feedstock offtake agreements with Australian companies IGO, Mincor and Western Areas. IGO and Western Areas provided concentrate for approximately one-third of Nickel West’s production in FY20. These agreements are valid until between 2023 and 2024, respectively. The expansion of capacity at Mt Keith by such time could remove the requirement for additional third-party feedstock. However, should Nickel West decide not to renew its offtake agreements, Western Areas, Mincor, and IGO will have no shortage of buyers for their high-grade nickel concentrate from refined nickel producers in China.

The offtake agreement with Tesla highlights the race by battery producers and other original equipment manufacturers (OEMs) to secure feedstock for their operations. Typically, such offtake agreements are opaque, with commercial details scant. Fears of a supply crunch, along with the need to guarantee sustainable supply, will likely result in a growth of offtake agreements between miners and OEMs.

The electric battery revolution, and the near-exponential rise in demand for nickel sulphate, will spur new investments in the nickel supply chain, as evidenced at Nickel West. To maximise revenue and profitability, Roskill expects miners with suitable feedstock to build their sulphate plants to take advantage of nickel sulphate premia.

Roskill published its Nickel: Outlook to 2030 and Nickel Sulphate: Outlook to 2030reports in April. The reports highlight the latest developments to supply and demand as well as forecasts for stainless steel and battery markets. Roskill’s array of Nickel offerings also include Roskill’s Nickel Sulphate Cost Model Service and Nickel Sulphate Sustainability Monitor.

Contact the author This article was written by Brian Ziswa. Please get in touch below if you wish to discuss further:

Contact the author

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To: LoneClone who wrote (7762)8/10/2021 10:12:33 AM
From: LoneClone
   of 8373
Tartisan Nickel Provides Update on the 10,000 Meter Drill Program at the Kenbridge Nickel Deposit and Grants Stock Options

Tuesday, August 10, 2021 8:00 AM

TORONTO, ON / ACCESSWIRE / August 10, 2021 / Tartisan Nickel Corp. (CSE:TN)(OTC PINK:TTSRF)(FSE:A2D) ("Tartisan", or the "Company") is pleased to provide an update on the exploration program at the Company's flagship Kenbridge Nickel Property where a 10,000 meter diamond drilling program is in progress. The drill program is designed to test the on strike and down dip potential for additional nickel sulphide mineralization to enhance the size and grade of the Kenbridge Deposit.

As previously reported, two drill rigs have been mobilized to the site and are currently operating. A total of 3,200m of drilling has been completed to date (32% of the proposed 10,000m program). The first 3 drill targets have been completed (drill holes 198, 199 and 200 outlined on attached diagram) and a total of 137 samples have been delivered to TSL Labs in Saskatoon, Saskatchewan for analysis. The drill rigs are currently drilling the 4th and 5th drill holes (201 and 202).

Tartisan CEO Mark Appleby states, "The Tartisan 2021 drill program is testing multiple high probability targets as we look to add to the Mineral Resource Estimate at the Kenbridge Deposit, and additionally have proposed drilling a 400 meter conductor at the Kenbridge North site. Tartisan is committed to the rapid advancement of the Kenbridge Nickel Project, a source of the critical metals (nickel & copper) required for electric vehicles and battery storage to the North American supply chain".

Fig 1: Long section of the Kenbridge Deposit showing the proposed drill targets. Completed or Holes in Progress, are outlined in gray circles.

Grant of Stock Options
The Company also reported today that two million stock options have been granted to directors, officers, and consultants to the Corporation, exercisable for a period of five years, at the exercise price of sixty cents per share.

About Tartisan Nickel Corp.
Tartisan Nickel Corp. is a Canadian based mineral exploration and development company whose flag ship asset is the Kenbridge Nickel Deposit located in the Kenora Mining District, Ontario. Tartisan also owns; the Sill Lake Silver Property in Sault St. Marie, Ontario as well as the Don Pancho Manganese-Zinc-Lead-Silver Project in Peru.

Tartisan Nickel Corp. owns an equity stake in; Eloro Resources Limited, Class 1 Nickel and Technologies Limited, Peruvian Metals Corp. and Silver Bullet Mines Inc.

Tartisan Nickel Corp. common shares are listed on the Canadian Securities Exchange (CSE:TN)(OTC PINK:TTSRF)(FSE:A2D). Currently, there are 112,754,829 shares outstanding (122,050,344 fully diluted).

Dean MacEachern P.Geo. is the Qualified Person under NI 43-101 and has read and approved the technical content of this News Release.

For further information, please contact Mark Appleby, President & CEO and a Director of the Company, at 416-804-0280 ( Additional information about Tartisan Nickel Corp. can be found at the Company's website at or on SEDAR at

This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release.

SOURCE: Tartisan Nickel Corp.

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To: LoneClone who wrote (7763)8/10/2021 10:19:44 AM
From: LoneClone
   of 8373
Forum Commences Drilling at Love Lake Nickel/Copper/Palladium Project, Saskatchewan

Vancouver, British Columbia--(Newsfile Corp. - August 10, 2021) - Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) is pleased to announce that it has commenced drilling at its 100% owned Love Lake Nickel-Copper-PGM project located approximately 60 km northeast of Forum's Janice Lake/Rio Tinto copper joint venture in north-eastern Saskatchewan along Highway 905 to the Rabbit Lake/ McClean Lake uranium mills (Figure 1).

Figure 1: Location of the Love Lake Cu-Ni-PGM Project

To view an enhanced version of Figure 1, please visit:

Processing of the HeliSAM Time Domain Electromagnetic (EM) survey flown on five grids on the property (see News Release dated May 10, 2021) has identified an EM target on the Korvin Grid at a depth of 170m that will be drilled for magmatic nickel- copper - PGM mineralization. The first hole at Korvin Lake is planned for a total depth of 500 metres to crosscut this anomaly while subsequent holes will be planned after downhole EM probes are conducted.

Further to the north in the vicinity of this EM anomaly, Forum plans to also conduct high frequency MaxMin Horizontal Loop EM surveys and follow-up drilling over copper mineralization at Korvin Creek drilled in 1968 and Nickel-Copper-PGM mineralization trenched in the late 1968 and drilled in 2000 at What Lake (Figure 2).

Figure 2: Love Lake drill targets are just east of Highway 905

To view an enhanced version of Figure 2, please visit:

The Korvin Creek target was covered by a series of trenches for over a one kilometre strike length and two drill holes intersected copper mineralization over 31.7 metres grading 0.23% copper and 36.6 metres of 0.29% copper. No assays for platinum group metals were taken.

The What Lake trenches returned values as high as 0.43% Copper, 0.23% Nickel, 4275 ppb Palladium, 3580 ppb Platinum and 200 ppb Gold. Mapping by the Saskatchewan Geological Survey and Forum geologists concluded that drilling in 2000 was drilled in the wrong direction and would have missed reef-style or structural-style PGM mineralization.


The Peter Lake Domain in northern Saskatchewan is the largest mafic/ultramafic complex in North America second only to the Duluth Complex which is centered in the heart of the Midcontinent Rift System in Minnesota and Ontario and is host to numerous magmatic copper/nickel and platinum/palladium deposits. For over 250 km of the Peter Lake Domain numerous copper/nickel and platinum/palladium showings have been uncovered over the past fifty years that have received only sporadic exploration.

Forum staked 32,075 hectares over the 20km by 5km Love Lake Complex in 2019, a 2.56 billion year old, palladium enriched layered gabbroic intrusive. A 4,412 line kilometre Heli-GT magnetic/gradiometric survey was completed for Forum by SHA Geophysics in 2020, two field programs of geological mapping, geochemical sampling and prospecting were completed by Forum in 2019 and 2020 and a 588 line kilometre HeliSam Time Domain airborne EM survey was completed in 2021.

Ken Wheatley, P.Geo., Forum's Vice President of Exploration and a Qualified Person under National Instrument 43-101, has reviewed and approved the contents of this news release.

About Forum Energy Metals

Forum Energy Metals Corp. (TSXV: FMC) has three 100% owned energy metal projects being drilled in 2021 by the Company and its major mining company partners Rio Tinto and Orano for copper/silver, uranium and nickel/platinum/palladium in Saskatchewan, Canada's Number One Rated mining province for exploration and development. In addition, Forum has a portfolio of seven drill ready uranium projects and a strategic land position in the Idaho Cobalt Belt. For further information:


Richard J. Mazur, P.Geo.
President & CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information contact:


Rick Mazur, P.Geo., President & CEO
Tel: 604-630-1585

Burns Singh Tennent-Bhohi, Director
Tel: 074-0316-3185

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To: LoneClone who wrote (7764)8/10/2021 11:19:09 AM
From: LoneClone
   of 8373
Poseidon Nickel remains on track to deliver maiden Golden Swan nickel resource with hits up to 9.8 metres at 4.95%

nickel explorer and developer has revealed further high-grade intersections from its Golden Swan drill program, putting it a step closer to a maiden resource.

The Black Swan processing plant.

Poseidon Nickel Ltd ( ASX:POS, OTC:PSDNF, FRA:NYG1) has received further high-grade nickel results from a drilling program at the Golden Swan Prospect, putting it one step closer to a maiden resource.

A highlight result from the Golden Swan mineralised zone is 9.8 metres at 4.95% nickel, including 2.95 metres at 11.1% nickel and 0.56% copper from 216.2 metres; 0.95 metres at 14.9% nickel from 216.8 metres; and 0.4 metres at 15.8% nickel from 217.75 metres.

Golden Swan is part of Poseidon’s Black Swan project, one of three projects the company owns within a 300-kilometre radius of Kalgoorlie in the Goldfields region of Western Australia.

Resource definition drilling

Poseidon already has an overall resource base of around 400,000 tonnes of nickel and 180,000 ounces of gold and is confident that the maiden Golden Swan resource, which is expected later this quarter, will enhance this.

The Golden Swan resource definition drilling program started in late April 2021 and was designed to increase confidence in the continuity of the Golden Swan mineralisation to JORC 2012 inferred and indicated levels.

Drilling was completed in July ahead of schedule, with the company drilling 60 holes for a total of 15,968 metres.

Assay results have come in thick and fast since, with the latest results delivered just a week after POS reported its last set of positive results.

"High-grade mineralised zone" “

The Golden Swan Resource definition drilling program has been completed and assay results continue to be received with more high-grade intersections confirming that Golden Swan is a high-grade mineralised zone,” managing director and CEO, Peter Harold said.

“Once all the assay results are received, we will be able to prepare a maiden resource which we plan to release late in the September 2021 quarter.”

Other strong results include:

  • 18 metres at 2.74% nickel from 221 metres, including 2.6 metres at 4.97% from 222.4 metres
  • 4.4 metres at 2.97% nickel, including 1.8 metres at 5.48% from 171.6 metres;
  • 9.1m at 3.79% nickel, including 0.6 metres at 10.5% from 204.4 metres, 0.7 metres at 16.6% from 205 metres, 5.75 metres at 2.39% from 247.75 metres and 3.0 metres at 3.3% from 272 metres, including 1-metres at 7.03% from 272.9 metres;
  • 12.4 metres at 3.65% nickel from 181.6 metres, including 6.4 metres at 5.8% from 181.6 metres, 0.5 metres at 16.7% from 181.6 metres and 0.45 metres at 17.7% from 182.6 metres; and
  • 4.45 metres at 5.86% nickel from 187 metres, including 2.1 metres at 9.3% nickel from 187 metres, which included 0.9 metres at 15.0%.
The assays are all from holes that fall within the mineralised envelope of Golden Swan and continue to add to the grade and thickness of the mineralisation.

Once POS has received all assays, it will hand over its database to Optiro Pty Ltd which will facilitate the modelling of the initial resource estimate.

Assays from approximately 18 holes are still pending, with results due in the next two to four weeks.

Southern Terrace drilling

Following drilling at Golden Swan, POS recommenced its drilling program on the Southern Terrace of the Black Swan project, where it is looking for more Golden Swan-style high-grade mineralised zones.

“In addition, we are looking to start the Silver Swan Reserve Upgrade drilling program in the near future which is designed to increase the high-grade nickel mining inventory at Black Swan,” Harold said.

The poorly tested Southern Terrace contact is an uneven thermally eroded surface that underlies a disseminated nickel sulphide mineralised horizon hosted within the Black Swan komatiite.

It boasts a highly prospective stratigraphic position and could host further undiscovered massive sulphide bodies along its path.

The Poseidon geological team is initially focusing up-plunge of Golden Swan where an ongoing review of historical drilling has located other mineralised intercepts that appear to be on the Southern Terrace contact and warrant following up exploration.

POS has undertaken an initial four-hole, 2,250-metre diamond drill program to test the up-plunge topography of the Southern Terrace.

The holes will be cased to allow for DHEM surveys to be conducted.

About POS Poseidon is focused on the exploration and eventual restart of its established nickel operations in WA.

Project risk capital and operating costs are low in this region which has made it easy for POS to acquire projects and operations with high levels of geological prospectivity likely to lead to potential substantial extension of the operation’s life through the application of modern exploration techniques.

POS owns the Windarra, Black Swan and Lake Johnston nickel projects.

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To: LoneClone who wrote (7765)8/10/2021 11:21:10 AM
From: LoneClone
   of 8373
Aldoro Resources hits massive sulphides in second hole at Narndee’s VC1 target

The massive sulphide mineralisation which appears to be thickening to the south also contains a significant amount of magnetite inclusions.

The sulphide assemblage in order of abundance intersected appears to be pyrrhotite, pentlandite, and chalcopyrite.

Aldoro Resources Ltd ( ASX:ARN) has revealed the latest results from its second diamond drill hole, testing the VC1 target at the Narndee Igneous Complex in Western Australia.

The company’s drill hole NDD0002 intersected significantly thicker and stronger zones of massive, semi-massive, blebby, and veined nickel-copper sulphides than NDD0001.

Notably, Aldoro’s portable XRF analyses confirmed nickel and copper are present in the sulphides.

Multiple discrete ultramafic intrusions

NDD0002 was designed to test a shallower up plunge position of the VC1 electromagnetic (EM) conductor 85 metres south-southwest of NDD0001.

The drill hole intersected about 3.6 metres of massive sulphide (two zones), 0.5 metres of semi-massive sulphide (one zone), and 6.9 metres of veined, blebby, and breccia sulphide (two zones).

Aldoro also noted that the multiple discrete ultramafic intrusions observed in NDD0001 appear to have coalesced into a single thick ultramafic package in NDD0002.

Massive sulphide thickening to the south

NDD0002’s massive sulphide mineralisation appears to be thickening to the south and contains a significant amount of magnetite inclusions.

The sulphide assemblage in order of abundance intersected by NDD0002 appears to be pyrrhotite, pentlandite, and chalcopyrite.

However, petrographic and geochemical analyses are required to confirm the species, geological setting, and relative abundance.

Importantly, NDD0002 intersected significant zones of quartz veining, disseminated sulphides, and bleaching in the footwall sequence.

Forward plan

Aldoro’s third hole, NDD0003, will be drilled 85 metres south-southwest of NDD0002 to track the thicker sulphide accumulation further up plunge to the south.

The company is awaiting the downhole EM contractor to arrive on site.

Downhole EM will be conducted on all holes completed at VC1 to aid and refine drill targeting.

There will now be four holes to DHTEM survey this week with the results expected to significantly refine the models for follow-up drill targeting.

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From: LoneClone8/12/2021 3:38:00 PM
   of 8373
Midland Provides Update on Exploration Work Conducted Under Its Strategic Alliance for Ni-Cu-Co With BHP

Exploration Midland Inc
Thu., August 12, 2021, 4:30 a.m.·7 min read

Figure 1

Midland-BHP Alliance Nunavik
Midland-BHP Alliance NunavikFigure 2

A1 Prospect
A1 ProspectFigure 3

L2 prospect
L2 prospectFigure 4

Bonne Une Prospect

tMONTREAL, Aug. 12, 2021 (GLOBE NEWSWIRE) -- Midland Exploration Inc. (“Midland”) (TSX-V: MD) is pleased to provide an update on a major exploration program underway for nickel in Nunavik. The 2021 program is carried out under the strategic alliance (the “Alliance”) concluded in August 2020 between Midland’s wholly owned subsidiary, Midland Base Metals Inc. (“MBM”), and Rio Algom Limited, wholly owned subsidiary of BHP Group PLC (“BHP”).


  • High-quality ground electromagnetic (“Squid”) survey conducted on the Papavoine Ni-Cu-Co prospect.

  • 3D modelling of the Papavoine prospect underway, integrating new ground geophysics and historical drilling data to identify new drilling targets.

  • Airborne electromagnetic (“VTEM”) surveys totalling nearly 5,000 line kilometres completed in areas deemed favourable for Ni-Cu-Co mineralization.

  • Prospecting and mapping campaign scheduled in September, targeting high-priority electromagnetic anomalies identified in the airborne survey as well as Ni-Cu-Co showings identified in 2020.

  • The Alliance with BHP for nickel exploration is mainly focused on mafic intrusive rocks with troctolite/olivine gabbro compositions similar to those in Voisey’s Bay and the Nain Province, but that have historically received far less exploration, despite the discovery of several Ni-Cu-Co prospects and occurrences. The Papavoine Ni-Cu-Co prospect, discovered in 2000 and currently held by Midland, graded up to 0.63% Ni, 0.31% Cu and 0.04% Co over 6.6 metres in channel samples (collected by Midland in 2018, unpublished results). Approximately 20 kilometres southeast of Papavoine, the Mantas intrusion yielded grades up to 0.48% Ni, 0.21% Cu and 0.06% Co over 0.7 metre (channel samples collected by Midland in 2018, unpublished results). In 2020, work by Midland and BHP also confirmed two additional areas with strong potential. The Bonne Une troctolite intrusion graded up to 0.23% Ni and 0.23% Cu in grab samples (press release dated April 15, 2021). In the A1 area, eight (8) mineralized boulders, locally derived but the source of which has yet to be determined, graded more than 0.1% Ni, with a highest grade of 0.14% Ni and 0.16% Cu in grab samples. Note that grades obtained in grab samples are not representative of mineralized zones.

    Ground electromagnetic (Squid) survey on the Papavoine Ni-Cu prospect and 3D modelling

    A high-quality Squid-type ground electromagnetic survey was recently completed to cover part of the olivine gabbro/troctolite intrusion that hosts the Papavoine Ni-Cu-Co prospect. Although its exact dimensions have not yet been determined, the intrusion is more than 500 metres thick and covers a surface area of at least 2 kilometres by 1.5 kilometres. Seven (7) historical drill holes completed in 2001 in a section of the Papavoine intrusion identified, at its base, a laterally continuous zone of rocks characterized by chaotic textures and anomalous Ni-Cu-Co sulphide contents over several tens of metres in thickness. Given the shallow dip of the Papavoine intrusion, the base of the intrusion remains at relatively shallow depths over an extensive surface area, which provides a clear advantage for exploration.

    These new high-quality geophysical data from the Papavoine area are currently being integrated into a 3D model along with geological and geochemical data from the 7 historical drill holes completed in 2001 in a section of the intrusion, in an effort to identify new high-potential drilling targets at the base of this intrusion. This work is considered additional accelerated work (“Accelerated Work”) designed to assess the possibility of transferring existing Midland projects to the Alliance designated project category (“Designated Project”).

    Airborne electromagnetic (VTEM) surveys and prospecting + mapping campaign

    Several high-quality VTEM-type airborne electromagnetic surveys were completed in recent months to cover areas deemed favourable for nickel exploration. These VTEM surveys total nearly 5,000 line kilometres. Several new high-priority electromagnetic anomalies were identified and will be followed up by prospecting and field mapping starting mid September. The prospecting campaign will also target Ni-Cu-Co showings identified during the 2020 prospecting campaign.

    A budget of $1.3 million was allotted for the prospecting campaign and VTEM surveys. An additional budget of $600,000 was also approved for the ground electromagnetic survey and 3D modelling of the Papavoine intrusion.

    Cautionary statements:

    The true thickness of intervals reported in channel samples cannot be determined with the information currently available.

    Mineralization occurring in the Voisey’s Bay area in Labrador is not necessarily indicative of mineralization that may be found on the Company project described in this press release.

    Quality control

    Exploration programs are designed, and results are interpreted by Qualified Persons employing a Quality Assurance/Quality Control program consistent with industry best practices, including the use of standards and blanks for every 20 samples. All samples are analyzed for multi-elements, using the four-acid ICP–AES method (ME-ICP61) at ALS Minerals laboratories in Vancouver, British Columbia. Samples with copper, zinc, molybdenum or nickel values above 1% are reanalyzed using the four-acid ICP-AES method optimized for high grades.

    About Midland

    Midland targets the excellent mineral potential of Quebec to make the discovery of new world-class deposits of gold, platinum group elements and base metals. Midland is proud to count on reputable partners such as BHP, Wallbridge Mining Company Ltd., Probe Metals Inc., Agnico Eagle Mines Limited, SOQUEM INC., Osisko Development Corp., Nunavik Mineral Exploration Fund and Abcourt Mines Inc. Midland prefers to work in partnership and intends to quickly conclude additional agreements in regard to newly acquired properties. Management is currently reviewing other opportunities and projects to build up Midland portfolio and generate shareholder value.

    This press release was reviewed and approved by Mario Masson. P.Geo., VP Exploration for Midland and Qualified Person as defined by NI 43-101, who also approved the technical content of this press release.

    For further information, please consult Midland’s website or contact:

    Gino Roger, President and Chief Executive Officer
    Tel.: 450 420-5977
    Fax: 450 420-5978


    Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

    Forward-looking Information

    This news release contains forward-looking statements and forward-looking information (together, “forward-looking statements”) within the meaning of applicable securities laws. Forward-looking statements include the funding under the Generative Phase, the advancement of a project to the Testing Phase, the expenditure amount under the Testing Phase, the payment of success fees to Midland, the advancement of a project to the Joint Venture Phase and other estimates and statements that describe Midland’s future plans, objectives or goals, including words to the effect that Midland or management expects a stated condition or result to occur. All statements, other than statements of historical facts, are forward-looking statements. Forward-looking statements involve risks, uncertainties and other factors that could cause actual results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from these forward-looking statements include, without limitation, certain rights of BHP to cease funding under the Alliance, the results of exploration in the AOI, the ability of Midland to contribute funding to maintain its interests in Designated Projects, the ability of Midland to fund its contributions under a joint venture, if formed, or have any participating interest diluted, changes in general economic conditions and conditions in the financial markets, changes in demand and prices for minerals, failure to obtain the requisite permits and approvals from government bodies and third parties, regulatory and governmental policy changes (laws and policies) and those risks set out in Midland’s public documents, including in each management discussion and analysis, filed on SEDAR at Although Midland believes that the assumptions and factors used in preparing the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed times frames or at all. Except where required by applicable law, Midland disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

    Photos accompanying this announcement are available at

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    To: LoneClone who wrote (7767)8/13/2021 2:21:53 PM
    From: LoneClone
       of 8373
    BWR Exploration Confirms Intriguing Nickel and Copper Mineralization at its Wholly-Owned Vendôme Sud Project, Abitibi Region of Quebec

    BWR Exploration Inc.
    Wed., August 11, 2021, 4:59 a.m.·6 min read

    TORONTO, Aug. 11, 2021 (GLOBE NEWSWIRE) -- BWR Exploration Inc. (TSX.V: BWR) (“BWR” or the “Company”) is pleased to announce that four exploratory drill holes totaling 929 metres of drilling have been completed on its wholly-owned Vendôme Sud Property, located in the Abitibi Region of Northern Quebec, located in Fiedmont Township, a few kilometres west of the town of Barraute, being 30 kilometres north of Val-d’Or. The property consists of 17 lot claims totaling 712.34 hectares, hosting the historic Vendôme No. 2 Nickel / Copper mineral occurrence, (aka Mogador) first tested by drilling in the 1960s. The recent drilling by BWR has confirmed that the property hosts intriguing Nickel-Copper mineralization, warranting further exploration.

    Some of the best historical drill intervals on the property were reported on the “A Zone” where hole DDH 5-62-5 reportedly intersected 3 feet of 2.65% Ni and 0.65% Cu, while nearby hole 62-13 reportedly intersected 8.3 feet of 0.9% Ni and 0.47% Cu. BWR completed two holes attempting to replicate and/or confirm these two holes that were drilled in 1962 by Canadian Shield Corporation Inc., that partially defined the “A Zone”. Nearby, (approximately 100 metres north) there was a fairly deep (150m + +) magnetic anomaly that had been interpreted as a mafic or ultramafic intrusive, BWR’s third hole explored this geophysical anomaly to about 200 meters vertical depth. The historical “C Zone” is located approximately 1 km to the west of the “A Zone” where drilling in 1963, by Canadian Shield, identified similar mineralization for the “C Zone” as at the “A Zone”. Canadian Shield hole C-63-1, according to MERN records, includes a mineralized interval of 5.5 feet grading 0.77% Ni and 0.65% Cu. BWR completed one test hole at this location attempting to replicate and/or confirm the 1963 drill results at the “C Zone”.

    Hole BWR-V-21-01

    This confirmatory hole was drilled in the “A-zone” to replicate and/or confirm historic results from DHD 5-62-5 and 62-13. This hole was drilled at a dip of -50 degrees, bearing 205 degrees (SW) being a similar attitude to hole 62-5 drilled 50 years earlier. This hole intersected several intervals of copper and nickel sulphides. The drill intersected mineralized package is described as about 36.5 metres in drill length, consisting of variably mineralized mafic volcanics (66.8m to 79.8m), weakly mineralized rhyolite (79.8m to 88.9m), variably mineralized mafic volcanics (88.9m to 103.3m), the hole ended in relatively poorly mineralized rhyolite at 201 metres. Observed mineralization includes: chalcopyrite, pentlandite, pyrrhotite, pyrite with minor sphalerite, confirmed by localized mineralogical observations supported by a Niton XRF analyzer for base metals. 65 samples were selected for analysis from this hole, assays will be released once available.

    Hole BWR-V-21-02

    This confirmatory hole was drilled at a dip of -60 degrees, bearing 205 degrees (SW) undercutting the previous hole (BWR-V-21-01). The drill intersected mineralized package is described as about 40.7 metres in drill core length, consisting of variably disseminated to semi-massive mineralized ultramafics (82m to 89.5m), variably mineralized to semi-massive mineralized rhyolite (89.9m to 117.3m), weak to variably mineralized ultramafics (117.5m to 122.7m). The hole ended in poorly mineralized rhyolite at 252 metres. Observed mineralization includes chalcopyrite, pentlandite, pyrrhotite, pyrite with minor sphalerite, confirmed by localized mineralogical observations supported by a Niton XRF analyzer for base metals. 66 samples were selected for analysis from this hole, assays will be released once available.

    Hole BWR-V-21-03

    This exploratory hole was drilled at a dip of -65 degrees, bearing 220 degrees (WSW), designed to intercept a geophysically-rendered aeromagnetic high coincident with an excess mass (gravity) anomaly, akin to an ultramafic intrusive, interpreted as being related to the well mineralized mafic-ultramafic lenses observed in holes BW-V-21-01 and 02, located approximately 100 meters south. This hole intersected a sequence of mafic (gabbro/peridotite) to ultramafic (komatiite) volcanics, intercalated with granodiorite and other felsic intrusives / tuffs and schists (diorite, granodiorite, rhyolite), ending in a rhyolite tuff at a final drill hole length of 261 meters. Sulphide mineralization was observed to be brecciated and mostly within quartz-carbonate and carbonate stringers and veinlets, suggestive of remobilization into the volcanic sequence. Observed sulphide mineralization includes pyrite, pyrrhotite, as well as traces of sphalerite, chalcopyrite and pentlandite (confirmed by Niton XRF analyzer), within brecciated quartz-carbonate stringers and veinlets, or as fine stringers and clots within fractures. 84 samples were selected for analysis from this hole, assays will be released once available.

    Hole BWR-V-21-04

    Approximately one kilometer to the west of the “A zone” is the “C zone”. This hole was designed to test historic “C Zone” mineralization encountered in 1963 drill hole C-63-1 that included 5.5 feet grading 0.77% Ni + 0.65% Cu, as well as a conductive high. Hole BW-V-21-04 was drilled at a dip of -45 degrees, bearing 205 degrees (SW). The hole intersected a series of rhyolite tuffs intercalated and intruded by intermediate to mafic units, then into an ultramafic assemblage of komatiite and peridotite. Mineralization in this hole is similar to the mineralization observed in the first two holes located 100 metres east, although in hole 21-04, mineralization appears thinner (only about 6.4 metres) from 97.1 metres – 103.5 metres, with the strongest mineralization present from 101.2-104.1 metres where there is 1-5% clotty disseminated sulfide within carbonate stringers/veinlets as well as occasional semi-massive stringers. Niton XRF spot testing of the core confirms the presence of Ni, Cu, Zn and Co in semi-massive sulfide stringers. 107 samples were selected for analysis from this hole, assays will be released once available.

    Neil Novak (P.Geo.), President of BWR, visited the project early in the program and met with the project team to view the first hole together and discuss plans for the next few holes. Minroc Management Ltd.’s senior geologist Francis R. Newton (B.Sc.) as project geologist, was tasked with managing this drill project, working alongside Sahil Alurkar (M.Sc.). Mr. Francis Newton, P.Geo (OGQ#2129), in collaboration with Mr. Novak are responsible for and have reviewed the technical disclosure of this release. Mr. Newton as an independent qualified person pursuant to NI 43-101 guidelines for technical disclosure, and Mr. Novak as a qualified person (not independent) pursuant to NI 43-101 guidelines both approve the technical content of this press release.

    BWR Exploration Inc. is a public company focused on exploring for base and precious metals, with its flagship Little Stull Lake Gold Project in NE Manitoba along with other exploration projects in Northern Ontario, and Northern Quebec, Canada. Management of BWR includes an accomplished group of exploration/mining specialists with many decades of operational experience in the junior resource sector in Canada and abroad. There are 101,442,461 shares currently issued.

    Neither the Toronto Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

    For more information about BWR’s Vendôme Sud Project please visit our website: or call/email:

    Neil Novak, P.Geo., President, CEO & Director,
    BWR Exploration Inc.
    82 Richmond St. E Toronto, ON
    M5C 1P1
    Office: 416-848-6866

    For additional information please contact:

    Carl Desjardins
    Paradox Investor Services Inc.
    Office: 514-341-0408

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    To: LoneClone who wrote (7768)8/13/2021 6:49:38 PM
    From: LoneClone
       of 8373
    Horizonte Minerals Announces Interim Results

    Thu., August 12, 2021, 11:00 p.m.·2 min read


    LONDON, UK / ACCESSWIRE / August 13, 2021 / Horizonte Minerals Plc,(AIM:HZM)(TSX:HZM) (the 'Company' or 'Horizonte'), the nickel development company focused on developing its ferro-nickel project in Brazil ('Araguaia' or 'the Project'), announces it has today published its unaudited financial results for the six month period to 30 June 2021 and the Management Discussion and Analysis for the same period. Both of the aforementioned documents have been posted on the Company's website and are also available on SEDAR at

    Highlights for the Period

  • Project financing of Araguaia nearing completion with credit approval process underway following completion of due diligence by the International Lenders.

  • Senior Debt Facility expected to benefit from significant Export Credit Agency Support.

  • Cornerstone strategic investor and final offtake agreements well advanced and expected to be finalised shortly after credit approvals.

  • Horizonte maintained a strong cash position of £22.2 million following completion of an £18 million equity fundraise in February 2021.

  • Financing discussions remain on track. Credit committee approval for the senior debt facility expected in Q3 2021 as previously announced

  • Vermelho progressing with Ramboll awarded Environmental and Social Impact Assessment contract.

  • Events post the Reporting Date

  • Significant progress on key project execution preparation activities, including competitive tendering for supply of key processing equipment, electric furnace and project management (EPCM) services.

  • Operational Readiness Plan well advanced with all key permits in place for commencement of construction.

  • Key environmental and social programmes continuing in preparation for construction phase.

  • Mobilisation of Head of Projects to Brazil and appointment of Engineering, Community, Health and Safety Managers continues the build out of the project execution team.

  • Publication of 2020 Sustainability Report in accordance with Global Reporting Initiative.

  • Click on, or paste the following link into your web browser, to view the full announcement:

    This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact or visit

    SOURCE: Horizonte Minerals PLC

    View source version on

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