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Nickel One (NNN) Discovers Potentially Significant Nickel Deposit

Published 04/12/2016, 08:07 AM
Updated 07/09/2023, 06:31 AM
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Today, Stephan Bogner from Rockstone Research published an update on Nickel One Resources Inc (TO:NNN), as the company has disclosed assays of the first 4 drill holes from its 100% owned Tyko Nickel-Copper-PGE Project near Marathon in northwestern Ontario earlier today. All 4 holes intersected significant nickel mineralization at shallow depths, including 1.04% nickel over 16 m (78 m downhole), which is almost 4 times the mineralization length of historic hole TK-06-001 (1.09% Ni over 4.15 m) and almost 3 times the mineralization length of historic hole TK-06-005 (1.05% Ni over 6.20 m). Another 10 holes have already been drilled, with assays pending and expected to be announced shortly. This phase-1 drilling program was designed to confirm orientation of mineralization in the channel structures and extend the continuity of mineralization – today’s initial results show that Nickel One is right on track and has confirmed to be sitting on a potentially significant deposit at surface.

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