Mink Ventures Corporation (TSXV: MINK) has completed a 507m drill programme, in six drill holes, at its Warren Copper Nickel Project. All six holes intersected sulphide mineralization, with a total of 144 core samples submitted for analysis, with results pending.
The drill programme has confirmed that there is a strong correlation between surface geophysical survey responses including magnetics, electro-magnetic (EM) responses (conductivity), induced polarization (IP) responses with surface sulphide mineralization in historical trenches,and recent drill intercepts. The Warren property covers 1,010ha of land, located in Whitesides Township, approximately 35km west of Timmins, Ontario.
Mink explains that the preliminary surface examination and sampling of trenches, along with the recent drill programme, has given the company geologists significant insight into the nature of the mineralization on the property. Additionally, the drilling has confirmed the correlation between surface geophysical survey responses including magnetics, electro-magnetic (EM) responses (conductivity), and induced polarization (IP) responses and the mineralized A zone surface trenching and recent drill intercepts.
The “A” Zone was the focus of this initial drill programme. It was selected as a high priority target by Mink for drill testing as a result of geological data review, a field examination, and a confirmation sampling programme conducted by company geologists during the summer of 2023.
The A zone is exposed in historical trenches over a strike length of 120m. Mink’s grab samples on the A zone returned assay values ranging from 1.075% to 2.08% copper (Cu). Nickel (Ni) values ranged from 0.313% to 0.348% Ni. Cobalt (Co) values ranged from 0.0389% to 0.0498% Co and silver (Ag) values of interest ranged from 10.3 ppm to 23.8 ppm Ag.
Five of the six drill holes intersected the A zone sulphide mineralization over broad, near surface intervals ranging from 11 to 30.4m. Mink’s objective of the drill programme was to determine the geometry of the zone and confirm the tenure of base metal grades of this zone. Jade Oil and Gas drilled 23 holes to test Zones A and B in the mid 1950’s and outlined a historical non-compliant NI43-101 resource* of 385,000 tons of 1% Cu + Ni.
The sixth hole (W24-4) intersected a 4.5m zone of mineralization in the upper portion of the hole.This intersection is interpreted to be the northern extension of the “B” Zone. This extends the strike of the “B” zone by approximately 75m beyond the historical trenched outcrop area for a total interpreted strike length of approximately 200m. Two historical bulk samples on the B zone returned 0.21% Cu, 0.96% Ni, 0.11% Co and 0.10% Zinc (Zn), and a second bulk sample returned 2.83% Cu, 0.58% Ni, 0.10 Co and 0.13 Zn.
The company has stated that it is looking forward to receiving and reporting results and returning to continue exploration and drilling at Warren on the A zone and as well as the numerous other priority targets outlined on several other zones across the property.
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