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Nicola Mining Inc.
Summary
| Project: | Thule | |
|---|---|---|
| Deposit: | Embayment | |
| Location: | Canada | |
| Commodities: | Copper | |
| Date: | 4/7/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 7-4-2017: Nicola Mining Inc. announces an Exploration/Drilling Update report for its Embayment deposit at the Thule project. Resampling of historic core results incl. 10m @ 0.51% Cu from 462.0m. Nicola Mining Inc. (the “Company”) is pleased to announce re | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Chris LeClair, Kevin Wells (Not stated) | |
| ABSTRACT: | Nicola Mining Inc. (the “Company”) is pleased to announce results of historic and resampled diamond drill core from hole S-100. Hole S-100 was originally drilled in January 1978 on the Embayment target located on the Thule property 10 km west of Merritt, B.C. Early in January 2017, Nicola Mining Inc. geologists re-sampled S-100, an historic surface drill hole from the Craigmont Mine. This hole was drilled into the Embayment target; a target that was drill tested by Nicola Mining in their 2016 drill program with hole THU-002. Re-sampling S-100 entailed locating and recovering the core in from the original Craigmont core racks, re-establishing drill core depths using box footage labels and original footage blocks that remained in the core boxes. Peter Espig, CEO of Nicola Mining Inc., commented, “We are very encouraged by these results as the 140-metre distance between the two drill holes highlights the potential of an exciting mineralized zone. The Company will conduct work during 2017 to delineate and define the zone, which is open in multiple directions.” | |
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