Grid Metals Corp. (TSXV:GRDM) (OTCQB:MSMGF) has intersected massive sulphides at the Makwa Nickel Property in Manitoba.
The Makwa Mayville Ni-Cu-PGM Project located in south-eastern Manitoba – where the company has just completed 14 exploration drill holes. The current Makwa drill programme focused on four geophysical targets (MK02-MK05) all located close to the 2014 pit-constrained Makwa Ni-Cu-PGM resource.
Results from the first drill hole at the MK02 target intersected two separate intervals of <1.0 metre of massive sulphide mineralisation with nickel grades greater than 1.5%within a broader mineralized package including 15 metres of 0.64% and 3.5 metres of 1.14% nickel equivalent grade. Drilling at Makwa is ongoing. Drilling is also continuing at the company’s Donner Lake Lithium Project located 35 km north.
Drill hole MK22-02 was drilled underneath the former producing Dumbarton Mine horizon at the Makwa Property. Assays successfully confirm that there is nickel copper cobalt sulphide mineralisation remaining below the former mine workings.
The geophysical anomaly (MK02) that was targeted has a minimum strike length of 400 meters and extends at least 300 metres below the mined out part of the Dumbarton deposit.Six additional drill holes have been completed on the MK02 target with results pending.
Makwa Nickel Project – Overview and Current Drill Programme
- The Makwa Nickel Deposit was the subject of a standalone positive feasibility study completed in 2007 (Micon International) for the mining and production of nickel concentrate for sale to a smelter. National Instrument 43-101 resources at Makwa included in the 2014 PEA ( RPA Inc) are 7.2Mt grading 0.61% nickel; 0.13% copper 0.36 g/t Pd and 0.10 g/t Pt in the Indicated category – all open pit constrained. The Makwa resource does not include any material from the Dumbarton Zone.
- The Makwa Deposit was incorporated into a 2014 PEA (RPA Inc.) combining the Makwa Deposit and the Mayville Cu-Ni-PGM Deposit located ~35 km to the north of Makwa. The Mayville NI 43-101 resource is a pit constrained 26.6 Mt grading 0.44% Cu; 0.18%Ni; 0.14 Pd – Indicated.
- The last drilling at Makwa was in 2010.
- The current exploration drilling programme is partially guided by an extensive 2018 ground EM survey at Makwa which defined many new exploration targets
- The 14 drill holes completed this winter have tested four of the identified geophysical targets in close proximity to the Makwa open pit resource.
- The main targets are 1) MK04 – the deeper extension of the main mineralized zone underneath the resource pit shell; 2 and 3) MK02 and MK03, both of which are associated with the along strike extension of the Dumbarton Zone ; and 4) the MK05 target, which may represent a southern offset of the main Makwa Ni-Cu-PGM deposit. MK-05 is currently being drill tested from the south.
For further information please visit: https://gridmetalscorp.com/
