Figure
Current and historical drilling over unprocessed recently collected total field ground magnetics.
TORONTO, Nov. 18, 2021 (GLOBE NEWSWIRE) -- Churchill Resources Inc. ("Churchill" or the "Company") (TSXV: CRI) is pleased to announce that its Phase 1 Exploration Program at Taylor Brook in western Newfoundland has proceeded well and has identified and started to evaluate a magmatic Ni-Cu system on the property which appears to have significant scale.
- Historic drilling of the Layden Showing in 2008 returned 4.25 m of 1.63% Ni, 0.36% Cu and 0.027% Co in hole 08-TB-17
- Recent Churchill drilling and mapping indicate that Layden may be part of a much larger mineralized magmatic system of sulphide breccia structures within a gabbroic intrusive
- Sulphide-cemented breccia structures have been intersected in several locations over ~100m along the overall gabbroic intrusive thus far, at depths from surface to ~-200m.
- mineralized breccia structures appear to range from 5-15m wide with sulphide contents up to 40% (pyrrotite-pendlandite-chalcopyrite) locally over 10-20cm
- Assay results are expected from Churchill's 2,477m Phase 1 drilling program towards the end of the year
Paul Sobie, Chief Executive Officer of Churchill remarked, "We are really excited by the drilling and surface mineralization at Taylor Brook, which indicate that we are intersecting lithologies and textures related to magmatic Ni-Cu deposits. We look forward to continuing to evaluate this magmatic system and potentially locating more massive styles of mineralization, as well as any other systems we may discover on the overall property."
Taylor Brook Project
To date 13 core holes totalling 2,477m have been drilled as the Phase 1 program, of which several holes were positioned geologically to define the emerging magmatic system. Others were targeted on VTEM conductor plates, all of which have helped to establish a preliminary model for this portion of the overall property, as per this figure which shows current and historical drilling over unprocessed recently collected total field ground magnetics.
Drilling, mapping and geophysical surveys indicate that the mineralized outcrop at the original Layden Showing appears to be part of a much larger intrusive magmatic Ni-Cu system striking east-southeast and plunging to the southeast with significant thicknesses based on drill intersections. The Layden magmatic system is hosted by a discrete, magnetic, meta-gabbroic to meta-pyroxenitic intrusion within basement gneisses with the Ni-Cu mineralization taking the form of pods, thin horizons and blebs of pyrrhotite, pentlandite and chalcopyrite that brecciate the pyroxenite.
The sulphide-cemented breccia structures have been intersected in several locations over ~100m along the overall gabbroic intrusive at depths from surface to ~-200m. The mineralized breccia structures appear to range from 5-15m wide with sulphide contents up to 40% locally over 10-20cm with several separate zones of breccia within the Layden intrusion.
Bore Hole Electromagnetic (BHEM) surveys on all holes are being conducted to assist in planning deeper Phase 2 drilling. Logging and sampling of Phase 1 holes is nearing completion as well, a large suite of samples has been selected for geochemical analysis, petrography and in some cases, radiometric age dating to aid in understanding the host and intrusive rocks and mineralization event.
A heavy minerals sampling program along the western margin of the very large Taylor Brook Gabbro Complex which outcrops less than a kilometre east of the mineralized magmatic intrusive at Layden is currently underway. Drilling results are expected toward the end of 2021.
Florence Lake Project
A helicopter-borne VTEM and Horizontal Gradiometer Geophysical Survey is commencing at the Florence Lake Project in Labrador.
The Florence Lake Property contains Raglan-type ultramafic volcanic-hosted massive and disseminated sulphide nickel showings, and was last explored by Falconbridge and JV partners between 1990-1997 during which time approximately 6,250m of drilling was completed in 45 shallow holes. 1996 drill core is located on the property for relogging and sampling, whereas 1992-3, partly sampled core, is stored at NL Government core library in Happy Valley – Goose Bay. Highlights of that work included drill testing of the high-grade Baikie Showing where shallow drilling (<-100m depths) returned:
DDH FLK-92-02: 2.19% Ni, 0.22% Cu, 0.16% Co over 11.32 metres from 44.7 to 56m
DDH FLK-92-12: 1.33% Ni, 0.05% Cu over 13.5 metres from 83.0 to 96.5m
The Baikie Showing has demonstrated mineralized continuity over 110m of strike length from twelve drillhole intercepts and mapping, and is interpreted as a near vertically plunging subzone of disseminated, semi-massive and massive sulphide mineralization, possibly similar to the Raglan or Kambalda style of nickel deposits. Other showings along strike have generated +1.0% nickel grab samples or short drill intersections and need modern exploration work along with Baikie.
Churchill announced positive results of due-diligence resampling of the historical core in a news release dated October 7, 2021.
The technical and scientific information in this news release has been reviewed and approved by Dr. Derek H.C Wilton, P.Geo., FGC, who is a "qualified person" as defined under National Instrument 43-101 – Standards of Disclosure for Mineral Projects and independent of the Company. The Churchill drill core samples are half core samples laid out and split by qualified geologists and technicians under the direction of Senior Project Consultant Dawn Evans-Lamswood, P.Geo. at the Company's drill camp near the property. The samples were placed in labelled, sealed plastic bags and periodically batches are delivered to Eastern Analytical for analysis. Standard OREAS 13b and blanks were inserted in the assay batches.
About Churchill Resources Inc.
Churchill is managed by career mining industry professionals and currently holds four exploration projects, namely Taylor Brook in Newfoundland, Florence Lake in Labrador, Pelly Bay in Nunavut and White River in Ontario. All projects are at the evaluation stage, with known mineralized Ni-Cu-Co showings at Taylor Brook, Florence Lake and Pelly Bay, and diamondiferous kimberlitic intrusives at White River and Pelly Bay. The primary focus of Churchill is on the continued exploration and development of the Taylor Brook and Florence Lake Nickel Projects.
Further Information
For further information regarding Churchill, please contact:
Churchill Resources Inc. |
Paul Sobie, Chief Executive Officer |
Tel. | +1 416.365.0930 (o) |
| +1 647.988.0930 (m) |
Email | psobie@churchillresources.com |
Alec Rowlands, Corporate Consultant |
Tel. | +1 416.721.4732 (m) |
Email | arowlands@churchillresources.com |
Cautionary Note Regarding Forward Looking Information
This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "proposed", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. In this news release, forward-looking statements relate to, among other things, the Company's objectives, goals and exploration activities conducted and proposed to be conducted at the Company's properties; future growth potential of the Company, including whether any proposed exploration programs at any of the Company's properties will be successful; exploration results; and future exploration plans.
These forward-looking statements are based on reasonable assumptions and estimates of management of the Company at the time such statements were made. Actual future results may differ materially as forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors, among other things, include: the expected benefits to the Company relating to the exploration conducted and proposed to be conducted at the Company's properties; failure to identify any additional mineral resources or significant mineralization; the preliminary nature of metallurgical test results; uncertainties relating to the availability and costs of financing needed in the future, including to fund any exploration programs on the Company's properties; business integration risks; fluctuations in general macroeconomic conditions; fluctuations in securities markets; fluctuations in spot and forward prices of gold, silver, base metals or certain other commodities; fluctuations in currency markets (such as the Canadian dollar to United States dollar exchange rate); change in national and local government, legislation, taxation, controls, regulations and political or economic developments; risks and hazards associated with the business of mineral exploration, development and mining (including environmental hazards, industrial accidents, unusual or unexpected formations pressures, cave-ins and flooding); inability to obtain adequate insurance to cover risks and hazards; the presence of laws and regulations that may impose restrictions on mining and mineral exploration; employee relations; relationships with and claims by local communities and indigenous populations; availability of increasing costs associated with mining inputs and labour; the speculative nature of mineral exploration and development (including the risks of obtaining necessary licenses, permits and approvals from government authorities); the unlikelihood that properties that are explored are ultimately developed into producing mines; geological factors; actual results of current and future exploration; changes in project parameters as plans continue to be evaluated; soil sampling results being preliminary in nature and are not conclusive evidence of the likelihood of a mineral deposit; title to properties; ongoing uncertainties relating to the COVID-19 pandemic; and those factors described in the most recently filed management's discussion and analysis of the Company. Although the forward-looking statements contained in this news release are based upon what management of the Company believes, or believed at the time, to be reasonable assumptions, the Company cannot assure shareholders that actual results will be consistent with such forward-looking statements, as there may be other factors that cause results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements and information. There can be no assurance that forward-looking information, or the material factors or assumptions used to develop such forward-looking information, will prove to be accurate. The Company does not undertake to release publicly any revisions for updating any voluntary forward-looking statements, except as required by applicable securities law.
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release.
插圖
在未處理的最近收集的總場地磁體上進行的當前和歷史鑽探。
多倫多,2021年11月18日(環球通訊社)--丘吉爾資源公司(“Churchill Resources Inc.)丘吉爾“或”公司") (TSXV:CRI)很高興地宣佈,位於紐芬蘭西部泰勒布魯克的一期勘探計劃進展順利,已在該礦區發現並開始評估具有重大規模的巖漿鎳銅系統。
- 2008年對萊登的歷史性鑽探顯示,08-TB-17孔的鎳含量為1.63%,銅含量為0.36%,鈷含量為0.027%,鑽探結果為4.25米
- 最近的丘吉爾鑽探和測繪表明,萊登可能是輝長巖中更大的硫化物角礫巖結構礦化巖漿系統的一部分。
- 到目前為止,硫化物膠結角礫巖構造已在輝長巖整體上超過100米的幾個位置相交,深度從地表到-200米。
- 礦化角礫巖構造寬5-15米,硫化物含量高達40%(磁黃鐵礦-懸黃鐵礦-黃銅礦),局部超過10-20釐米。
- 丘吉爾2477米一期鑽井項目的化驗結果預計將於今年年底公佈
丘吉爾公司首席執行官保羅·索比説:“我們對泰勒布魯克的鑽探和地表礦化感到非常興奮,這表明我們正在與巖漿鎳-銅礦牀相關的巖性和結構相交。我們期待着繼續評估這一巖漿系統,並可能找到更多的大規模礦化類型,以及我們可能在整個礦產上發現的任何其他系統。”
泰勒·布魯克項目
到目前為止,作為第一階段計劃,已經鑽了13個巖心孔,總計2477米,其中幾個孔被地質定位,以確定新興的巖漿系統。另一些則以VTEM導體板為目標,所有這些導體板都幫助建立了整體屬性這一部分的初步模型,如此圖所示,該圖顯示了最近收集的未處理總場地磁體上的當前和歷史鑽探情況。
鑽探、測繪和地球物理調查表明,原始萊登露頭的礦化露頭似乎是一個規模更大的侵入巖漿Ni-Cu系統的一部分,該系統向東南方向延伸,並向東南傾斜,根據鑽探交叉點,該系統的厚度很大。萊登巖漿系統賦存於基底片麻巖中離散的、磁性的變質輝長巖-變輝石巖侵入巖中,Ni-Cu礦化呈豆莢、磁黃鐵礦、鎳黃鐵礦和黃銅礦的薄層和氣泡的形式,角礫巖為輝石巖。
硫化物膠結角礫巖構造沿整個輝長巖體在~100m以上的多個位置相交,深度從地表到~-200m。礦化角礫巖構造寬5-15m,局部硫化物含量高達40%,超過10-20 cm,在Layden侵入體內有幾個獨立的角礫巖帶。
正在對所有鑽孔進行鑽孔電磁(BHEM)測量,以協助規劃更深的第二階段鑽井。一期鑽孔的測井和取樣也已接近完成,已經選擇了一大套樣品進行地球化學分析、巖石學,在某些情況下還進行了放射性年齡測定,以幫助瞭解寄主和侵入巖以及成礦事件。
在萊登礦化巖漿侵入體以東不到一公里處露出的超大型泰勒布魯克-加布羅雜巖西緣的重礦物取樣計劃目前正在進行中。鑽探結果預計將於2021年底公佈。
佛羅倫薩湖項目
拉布拉多佛羅倫薩湖項目正在進行直升機搭載的VTEM和水平梯度儀地球物理勘測。
佛羅倫薩湖礦區內有雷格蘭類型的超鎂鐵質火山主存的塊狀和浸染型硫化物鎳礦藏,上一次由鷹橋公司和合資夥伴勘探是在1990-1997年間,在此期間,在45個淺孔中完成了約6250米的鑽探。1996年的鑽芯位於重新錄井和取樣的物業上,而1992-3部分取樣的巖芯存放在跑馬地鵝灣的NL政府巖心圖書館。這項工作的亮點包括對高品位貝基(Baikie)的鑽探測試,展示了淺層鑽探的位置。
DDH FLK-92-02:2.19%Ni,0.22%Cu,0.16%Co,距離11.32米,從44.7米到56米
DDH FLK-92-12:1.33%Ni,0.05%Cu,13.5米,從83.0米到96.5米
通過12個鑽孔截取和填圖,證明瞭Baikie顯示的礦化走向的連續性超過110米,並被解釋為一個近垂直俯衝的浸染型、半塊狀和塊狀硫化物礦化亞帶,可能類似於Raglan或Kambalda式的鎳礦牀。Strike沿線的其他展示區已經產生了+1.0%的鎳抓取樣本或較短的鑽探交叉點,需要與貝基一起進行現代勘探工作。
丘吉爾在一份日期為2021年10月7日的新聞稿中宣佈了對歷史核心進行盡職調查重採樣的積極結果。
本新聞稿中的技術和科學信息已由Derek H.C.Wilton,P.Geo,FGC博士審核和批准,他是National Instrument 43-101所定義的“合格人員”-礦產項目信息披露標準並且獨立於公司。丘吉爾鑽芯樣品是由合格的地質學家和技術人員在高級項目顧問Dawn Evans-Lamswood,P.Geo的指導下鋪設和拆分的半個巖芯樣品。在該物業附近的公司演練營地。樣品被放置在有標籤的密封塑料袋中,並定期將批次送往東方分析公司進行分析。在檢測批次中插入標準OREAS13b和空白。
丘吉爾資源公司簡介
丘吉爾由職業採礦業專業人士管理,目前持有四個勘探項目,分別是紐芬蘭的泰勒布魯克、拉布拉多的佛羅倫薩湖、努納武特的佩利灣和安大略省的懷特河。所有項目都處於評估階段,泰勒布魯克、佛羅倫薩湖和佩利灣有已知的礦化Ni-Cu-Co礦化,懷特河和佩利灣有含鑽石的金伯利巖侵入巖。丘吉爾的主要關注點是泰勒布魯克和佛羅倫薩湖鎳項目的持續勘探和開發。
進一步資料
有關丘吉爾的更多信息,請聯繫:
丘吉爾資源公司。 |
首席執行官保羅·索比(Paul Sobie) |
電話。 | +1 416.365.0930 (o) |
| +1 647.988.0930 (m) |
電子郵件 | 郵箱:psobie@churchillresource ces.com |
亞歷克·羅蘭茲(Alec Rowland),企業顧問 |
電話。 | +1 416.721.4732 (m) |
電子郵件 | 郵箱:arowland@churchillresource ces.com |
關於前瞻性信息的注意事項
本新聞稿包含適用於加拿大證券法的“前瞻性信息”和“前瞻性陳述”(統稱為“前瞻性陳述”)。除有關歷史事實的陳述外,所有陳述均為前瞻性陳述,均基於截至本新聞稿發佈之日的預期、估計和預測。任何涉及關於預測、期望、信念、計劃、預測、目標、假設、未來事件或業績的討論的陳述(經常但不總是使用諸如“預期”或“不預期”、“預計”、“預期”或“不預期”、“計劃”、“建議”、“預算”、“預定”、“預測”、“估計”、“相信”或“打算”或這些詞語和短語的變體,或聲明某些行動、事件或結果“可能”或“可能”。(“可能”或“將會”被視為發生或實現)不是歷史事實的陳述,可能是前瞻性陳述。在本新聞稿中,前瞻性陳述涉及公司的目的、目標和在公司物業進行和建議進行的勘探活動;公司未來的增長潛力,包括公司任何物業的任何擬議勘探計劃是否會成功;勘探結果;以及未來的勘探計劃。在本新聞稿中,前瞻性陳述涉及公司的目標、目標和擬在公司物業進行的勘探活動;公司未來的增長潛力,包括公司任何物業的任何擬議勘探計劃是否會成功;勘探結果;以及未來的勘探計劃。
這些前瞻性陳述是基於作出這些陳述時公司管理層的合理假設和估計。由於前瞻性陳述涉及已知和未知的風險、不確定因素和其他因素,可能導致公司的實際結果、業績或成就與此類前瞻性陳述明示或暗示的未來結果、業績或成就大不相同,因此未來的實際結果可能大不相同。這些因素包括:與在公司物業進行和建議進行的勘探有關的對公司的預期收益;未能確定任何額外的礦產資源或重大礦化;冶金測試結果的初步性質;與未來所需融資的可用性和成本有關的不確定性,包括為公司物業的任何勘探計劃提供資金;業務整合風險;總體宏觀經濟狀況的波動;證券市場的波動;金、銀、賤金屬或某些其他商品的現貨和遠期價格的波動;貨幣市場的波動(如加元對美元的匯率);國家和地方政府、立法、税收、管制、法規和政治或經濟發展的變化;與礦產勘探、開發和採礦業務有關的風險和危害(包括環境危害、工業事故、異常或意想不到的地層壓力), (塌方和洪災);無法獲得足夠的保險以承保風險和災害;存在可能對採礦和礦產勘探施加限制的法律法規;僱員關係;與當地社區和土著居民的關係和索賠;與採礦投入和勞動力相關的成本增加的可能性;礦產勘探和開發的投機性(包括獲得必要的許可證、許可和政府當局批准的風險);已勘探的財產最終開發成生產礦山的可能性;地質因素;當前和未來勘探的實際結果;隨着計劃的繼續,項目參數的變化。土壤採樣結果具有初步性質,並不是礦藏可能性的確鑿證據;物業所有權;與新冠肺炎疫情相關的持續不確定性;以及在最近備案的管理層對公司的討論和分析中描述的那些因素。雖然本新聞稿中包含的前瞻性陳述是基於公司管理層認為或當時認為是合理假設的,但公司不能向股東保證實際結果將與這些前瞻性陳述一致,因為可能存在其他因素導致結果與預期、估計或預期的結果不一致。因此,讀者不應過分依賴前瞻性陳述和信息。不能保證前瞻性信息或用於開發此類前瞻性信息的重要因素或假設將被證明是準確的。公司不承諾公開發布任何關於更新任何自願前瞻性陳述的修訂, 除適用的證券法另有規定外。
TSXV及其監管服務提供商(該術語在TSXV的政策中定義)均不對本新聞稿的充分性或準確性承擔責任。