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Nicola Mining Inc.
Summary
| Project: | New Craigmont | |
|---|---|---|
| Deposit: | Ore Body 3 | |
| Location: | Canada | |
| Commodities: | Copper | |
| Date: | 7/24/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 24-7-2019: Nicola Mining Inc. announces an Exploration/Drilling Update report for its Ore Body 3 deposit at the New Craigmont project. Drilling results incl. 44.00m @ 0.45% Cu from 647.00m. Vancouver, British Columbia--(Newsfile Corp. - July 24, 2019) - N | |
| Resources: | x | |
| CP/QP: | [Overall Report]: n/a (n/a) | |
| ABSTRACT: | Vancouver, British Columbia--(Newsfile Corp. - July 24, 2019) - Nicola Mining Inc. (TSXV: NIM) is pleased to provide an update on its ongoing 2019 Exploration Program ("2019 Program") at the Company's 100%-owned New Craigmont Project, located in British Columbia's Thompson-Nicola Region. The Company has received assays on the first of two drill holes. These holes were successful in intersecting the unexploited, and incompletely delineated No. 3 ore body [1] . The No. 3 ore zone is comprised of silicified wacke with moderate potassium feldspar (k-spar) alteration. The chalcopyrite is fine-grained and occurs as thin irregular veinlets associated with k-spar alteration and disseminated along preferential foliation fabric. A second mineralized zone was intersected at shallower depth ("Upper Zone), south of the open pit (Figure 1). This Upper Zone is identified by the strong k-spar-chlorite-carbonate alteration with minor brecciation. The chalcopyrite occurs as thin irregular veinlets associated with the alteration and minor dissemination in the host wacke. | |
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