Mink Ventures Unveils New Geophysics Insights at Warren Project
TORONTO — Mink Ventures Corporation (TSXV:MINK) is excited to share the progress of its latest summer exploration initiatives. The company has launched a geophysics program across three significant zones at its Warren Cu Ni Co project, aiming to deepen the understanding of these mineral-rich areas.
The summer program featured a mise-a-la masse (MALAM) survey designed to investigate nickel, copper, and cobalt occurrences at the surface. This exploration has greatly refined the knowledge of existing mineralized zones and has successfully identified new areas showcasing potential anomalies of interest. Notably, the MALAM targets align with resistivity lows and chargeability highs, alongside robust surface readings of nickel, copper, and cobalt.
North Zone Target
The North Zone has greater promise following the summer exploration. This zone highlights an untested area of nickel-cobalt deposits, with recent grab samples yielding impressive grades of up to 0.967% nickel and 0.07% cobalt. The MALAM survey has shown that a strong circular target, roughly 125 meters in diameter, exists at the North Zone. Additionally, a potential new target has been detected on the west side of the North Zone, indicating the possibility of further mineralization.
Moreover, there is a promising new target that extends over 200 meters and features a distinctive resistivity low, hinting at the potential for substantial massive sulphide mineralization.
As a result, the North Zone area is now classified as a priority drill target, leveraging the insights gained from this summer's findings.
A Zone Area
Turning to the A Zone, which comprises both the historical A and B Zones, the exploration has revealed significant mineralization associated with semi-massive sulphide intercepts. A recent down-hole MALAM survey performed on drill hole W2401 disclosed concentrations of 0.478% Ni, 0.12% Cu, and 0.07% Co over a length of 0.9 meters within a broader mineralized section. This survey uncovered a ground anomaly extending about 500 meters in strike length and approximately 200 meters in width, covering both previously recognized zones.
Notably, portions of this identified anomaly remain untested both along strike and at different depths, furthering the exploration's potential. Additionally, the survey results hint at the genesis of another new target zone situated to the east of the A Zone, spanning roughly 500 meters.
This anomaly showcases a robust resistivity low, which may signify ample opportunities for massive sulphide mineralization, encouraging further diamond drilling to explore the depths and strikes of both A and B targets further.
Shaft Zone Area
The final key area, the Shaft Zone, is marked by a historical mining shaft connected to nickel, copper, and cobalt mineralization originating from the surrounding bedrock. A recent exploration borehole, designated W2407, revealed grades of 0.429% Ni, 0.274% Cu, and 0.0442% Co over a length of 1.6 meters.
A subsequent down-hole MALAM survey centered around this intercept has outlined an anomaly similar to other areas, showcasing a 500-meter strike length and about 150 meters in width. This parallel resistivity low also strengthens the hypothesis of possible massive sulphide mineralization within this zone, indicating that deeper exploration is warranted.
As the company continues to progress, significant plans are in place to drill test the notable target encountered at the Montcalm Ni Cu Co project, identified through an overlap of VTEM, Gravity, and 3D Borehole IP anomalies. This promising target, situated at the 500-meter level, measures approximately 300 meters along strike and about 80 meters wide.
Mr. Kevin Filo, P.Geo. (Ontario), serves as the qualified person for this report under National Instrument 43-101, ensuring that the technical data presented is accurate and reliable.
About Mink Ventures Corporation
Mink Ventures Corporation (TSXV:MINK) stands as a dedicated Canadian mineral exploration entity focused on critical minerals including nickel, copper, and cobalt, particularly through its Warren and Montcalm projects. The Montcalm Project is strategically located adjacent to Glencore’s former Montcalm Mine, boasting a legacy of 3.93 million tonnes of ore processed with significant grades in nickel, copper, and cobalt. The Warren Cu Ni Co Project spans a vast area of 1,130 hectares, both projects conveniently situated near vital infrastructure and a skilled workforce.
To learn more about Mink Ventures Corporation or for inquiries, please reach out to Natasha Dixon, President & CEO at 250-882-5620, or email ndixon@minkventures.com, or contact Kevin Filo, Director at 705-266-6818.
Frequently Asked Questions
What is the focus of Mink Ventures Corporation?
Mink Ventures Corporation primarily focuses on the exploration of critical minerals like nickel, copper, and cobalt at its projects.
What recent activities did Mink Ventures announce?
The company has recently completed a comprehensive geophysics program aimed at identifying new mineral targets at its Warren Cu Ni Co project.
What grades of minerals were found in the North Zone?
Recent grab samples from the North Zone showed impressive grades of up to 0.967% nickel and 0.07% cobalt.
What is the next step for Mink Ventures in the A Zone?
Mink Ventures plans to conduct diamond drilling to thoroughly assess the mineralization extent in the A and B Zones.
How can I contact Mink Ventures Corporation for more information?
For more inquiries, you can reach Natasha Dixon, President & CEO at 250-882-5620 or email ndixon@minkventures.com.
