New drilling by Canadian Royalties (CZZ-T) on the Tootoo prospect in the Raglan nickel camp of far northern Quebec has extended the known mineralized zone.
Royalties drilled twelve holes, in the recent field season, on centres 25 metres to the northeast and southwest of the prospect’s discovery holes. Eleven intersected some mineralization, some over significant thicknesses.
The mineralization is hosted in gabbro sills and the picture that has emerged from the recent drilling is of an embayment in the sills where the mineralized zone thickens substantially. Northeast of the discovery holes, the best new drill intersection averaged 1.13% nickel and 1.22% copper over 38.6 metres, with average grades of 0.06% cobalt, 2.19 grams palladium, 0.41 gram platinum and 0.12 gram gold per tonne. At the base of that intersection, the last 9.8 metres averaged 3.2% nickel, 2.91% copper, 0.18% cobalt, 3.7 grams palladium, 0.62 gram platinum and 0.21 gram gold per tonne.
To the southwest, the widest intersection was a 50.8-metre interval grading 0.75% nickel, 0.63% copper, 0.04% cobalt, 1.49 grams palladium, 0.32 gram platinum and 0.07 gram gold per tonne, again including a higher-grade zone at the base of the interval.
Most of the mineralization is less than 100 metres below surface.
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