SPC Nickel Corp. [SPC-TSXV] reported new assay results from the 2022 drill program at the 100%-owned Lockerby East project located near Sudbury, Ontario.
The Lockerby East Project hosts both the past producing Lockerby East Mine and the unmined, near-surface West Graham Nickel-Copper sulphide deposit that contains over 47,000 tonnes of nickel and 34,000 tonnes of copper in indicated and inferred historical resources. The company recently completed a 18-hole, 5,200-metre drill program designed to further evaluate and expand the higher-grade Ni-Cu zone hosted within the larger West Graham deposit.
Highlights: Hole WG-22-008 intersected a broad zone of Ni-Cu mineralization over 82.6 metres grading 0.68% Nickel Equivalent (NiEq) from 246.0 to 328.6 metres, including a higher-grade zone of 0.87% NiEq over 16.0 metres.
Narrow intervals of high-grade massive sulphide were encountered in holes WG-22-008 and WG-22-009, including 2.15% nickel, 0.50% copper over 2.0 metres.
Assay results from the remaining 10 holes are expected to be released in due course as they become available.
Grant Mourre, CEO and President, commented, “We continue to be pleased with the assay results from the West Graham drilling program that now include only 8 of the 18 holes drilled during the campaign. The drilling continues to return thick mineralized zones with nickel and copper grades that are equal to or better than the historic resource. Additionally, the high-grade massive sulphide intervals encountered in holes 008 and 009, have us excited about the overall potential of the property.”