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Cleghorn Minerals Ltd.
Summary
| Project: | Meech Lake | |
|---|---|---|
| Deposit: | Kell's Showing | |
| Location: | Canada | |
| Commodities: | Nickel-Gold-Copper-Platinum-Palladium-Silver-Cobalt | |
| Date: | 10/1/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 1-10-2018: Cleghorn Minerals Ltd. announces an Exploration/Drilling Update report for its Kell's Showing deposit at the Meech Lake project. Drilling results incl.6.3m @ 0.75% Ni, 1.3% Cu, 2.4g/t Pd, 0.6g/t Pt, 0.75g/t Au, 6.6g/t Ag. VAL-D'OR, Quebec, Oct. | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Micheal Rosatelli (Independent) | |
| ABSTRACT: | VAL-D'OR, Quebec, Oct. 01, 2018 -- Cleghorn Minerals Ltd. (“Cleghorn” or the “Company”) (TSX-V:CZZ) is pleased to announce drill results from diamond drilling completed on the Company’s 100%-owned Meech Lake – Matachewan - Prospect, located in Northeastern Ontario, within the Abitibi Greenstone Belt. The initial drill results (ML-18-008 to ML-18-011) are from the historical Kell’s Showing where selective grab sampling by the company in 2016 assayed up to 8.31% Cu, 3.80% Ni, 13.5 g/t Pt, 60.4 g/t Pd & 1.89 g/t Au. The objective of the initial drilling program at the Kell’s Showing was to confirm the grade, configuration and extent of surface mineralization discovered by prospector Hugh Kell in 1946, following a large-scale systematic trenching program. All previous exploration drilling campaigns (1951-52; 1973-74; 1988; 1992) were unsuccessful in expanding the Kell’s Showing along strike or down plunge. Drillhole ML-18-008 and ML-18-009 were drilled directly under the historic Kell’s Showing. Both holes intersected weakly mineralized zones of nickel and copper mineralization. ML-18-010 and ML-18-011 were collared 25 metres to the west of the mafic intrusive -hosted mineralization visible in the surface occurrence. ML-18-011 intersected the down plunge extension of the high-grade Ni-Cu-PGE surface mineralization at depth (see Table I for the drillhole co-ordinates). Ni-Cu-PGE mineralization is hosted in a coarse-grained mafic (gabbro) unit (s) that has intruded a sequence of volcanic trachyte rocks. Mineralization consists of disseminated to blebby net-textured sulphides and fracture controlled semi to massive sulphides. Alteration in the mineralized zones mainly consist of strong chlorite and strong carbonate alteration. The high-grade Ni-Cu-PGE mineralization that was intersected in ML-18-011 is associated with a late fault/shear structure and is open down-plunge and along strike to the NE-SW. This structure coincides with a NE-SW trending HLEM anomaly that cuts across the gabbro unit. This appears to support the company’s hypothesis to follow, and target through geophysical surveys, structural rather than lithological controls as had been done in prior exploration programs. | |
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