Beginning in March, a 3,000-metre drill program will further test nickel-copper-cobalt mineralization at the Canalask property in southwestern Yukon.
Junior Expatriate Resources (VSE) recently tested two zones — the Main and the Footwall — by drilling six holes, totalling 940 metres. Previous work on the Main zone outlined a geologic resource of 390,235 tonnes averaging 1.35% nickel.
Intersections of 15.2 metres grading 1.02% nickel and 11 metres grading 1.37% nickel were returned for two holes drilled through the central part of the Main zone. Of two holes drilled to test the western extension, one was abandoned while the other intersected intervals of 0.28% nickel over 3.9 metres and 0.6% nickel over 10.1 metres.
The Footwall zone, a strong electric-magnetic geophysical target, was tested with two holes. The first hole returned intervals of 1.34% nickel plus 0.055% cobalt over 3 metres, as well as 16 metres of 0.59% copper and 0.016% cobalt. The second hole intersected 48.3 metres of 0.22% nickel, 0.24% copper and 0.024% cobalt.
By spending $1 million over three years, Cachet Explorations (VSE) can earn a half interest in the property.
Meanwhile, Expatriate has increased its holdings in the Yukon by acquiring eight new properties.
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