Churchill Resamples 2.17% Ni over 7.7m including 8.0% Ni over 1.25m at Florence Lake, Starts Drilling at the Taylor Brook Ni-Cu-Co Project, NL
October 07 2021 - 9:50AM
Churchill Resources Inc. (“
Churchill” or the
“
Company”) (
TSXV: CRI) is pleased
to announce that re-sampling of historical core at the Florence
Lake Project in Labrador has confirmed high grade nickel tenors
which will help define methods for future exploration on the
property. The 1992/93 core holes were stored in the NL Government
Core Facility in Goose Bay, but had seen subsequent sampling of the
original Falconbridge splits, so were not ideal for due-diligence
sampling work. Several suitable samples from holes 92-01, 92-12 and
93-34, however, were selected by independent Qualified Person Dr.
Derek Wilton. The 1996 Tapestry Ventures Inc. core was found stored
intact in a rack on the property at the original camp site, and was
recovered by a combined Churchill/Altius team in the field with Dr.
Wilton independently taking all samples tabled below.
All drillholes sampled are from the Baikie
Showing at Florence Lake, which has been shown to extend
approximately 110m along strike and 90m depth from previous work.
Highlights of Dr. Wilton’s sampling are Falconbridge holes 96-01
and 96-02, where the Baikie zone massive sulphide was targeted,
with assays running to 8.00% Ni over 1.25m within a broader
interval of 7.7m grading 2.17% Nickel. Cobalt and PGE tenors are
interesting, and Dr. Wilton’s results represent the first Platinum,
Palladium and Gold values reported from the 1996 drilling on the
project.
Historical Drillhole # |
From |
To |
Length |
Wilton Samp # |
Ni% |
Cu% |
Co% |
Pt ppb |
Pd ppb |
Au ppb |
Falc Samp # |
Ni% |
Cu% |
Co% |
FLK-92-01 |
12.00 |
12.50 |
0.50 |
R15713 |
1.75 |
0.29 |
0.051 |
227 |
284 |
22 |
LB01852 |
1.36 |
0.12 |
0.03 |
|
12.50 |
13.00 |
0.50 |
R15714 |
3.41 |
1.37 |
0.089 |
177 |
432 |
31 |
LB01853 |
3.25 |
0.36 |
0.08 |
FLK-92-12 |
83.00 |
84.50 |
1.50 |
combined |
|
|
|
|
|
|
LB01997 |
1.31 |
0.04 |
0.01 |
|
84.50 |
86.00 |
1.50 |
R015712 |
1.48 |
0.08 |
0.04 |
86 |
193 |
14 |
LB01998 |
2.38 |
0.13 |
0.01 |
|
86.00 |
86.30 |
0.30 |
combined |
|
|
|
|
|
|
LB01999 |
1.19 |
0.10 |
0.01 |
FLK-93-34 |
82.16 |
82.20 |
0.04 |
combined |
|
|
|
|
|
|
LB03388 |
3.49 |
0.50 |
0.10 |
|
82.20 |
83.33 |
1.13 |
R015711 |
0.56 |
0.09 |
0.02 |
14 |
58 |
13 |
LB03389 |
0.03 |
0.01 |
0.01 |
|
83.33 |
83.75 |
0.42 |
combined |
|
|
|
|
|
|
LB03390 |
1.23 |
0.06 |
0.06 |
FL-96-01 |
18.45 |
19.45 |
1.00 |
E588751 |
1.62 |
0.09 |
0.04 |
66 |
243 |
8 |
28452 |
1.95 |
0.11 |
0.05 |
|
19.45 |
19.95 |
0.50 |
E588752 |
2.61 |
0.09 |
0.06 |
68 |
290 |
8 |
28453 |
1.90 |
0.06 |
0.06 |
|
19.95 |
20.95 |
1.00 |
combined |
|
|
|
|
|
|
28454 |
3.10 |
0.30 |
0.07 |
|
20.95 |
21.95 |
1.00 |
E588754 |
2.08 |
0.10 |
0.05 |
79 |
238 |
7 |
28455 |
2.10 |
0.08 |
0.05 |
|
21.95 |
23.10 |
1.15 |
E588755 |
1.95 |
0.09 |
0.04 |
89 |
227 |
5 |
28456 |
2.09 |
0.08 |
0.05 |
|
23.10 |
23.60 |
0.50 |
E588756 |
2.35 |
0.12 |
0.05 |
89 |
284 |
5 |
28457 |
2.16 |
0.10 |
0.05 |
|
28.40 |
29.10 |
0.70 |
E588757 |
2.13 |
0.10 |
0.06 |
25 |
220 |
5 |
28463 |
2.40 |
0.09 |
0.06 |
|
32.50 |
33.50 |
1.00 |
E588758 |
1.84 |
0.09 |
0.04 |
180 |
282 |
4 |
28467 |
2.01 |
0.07 |
0.04 |
|
33.50 |
34.20 |
0.70 |
E588759 |
3.12 |
0.13 |
0.07 |
73 |
438 |
8 |
28468 |
3.00 |
0.10 |
0.06 |
FL-96-02 |
37.65 |
37.90 |
0.25 |
combined |
|
|
|
|
|
|
28489 |
1.92 |
0.05 |
0.05 |
|
37.90 |
38.50 |
0.60 |
E588760 |
1.19 |
0.20 |
0.03 |
246 |
305 |
7 |
28490 |
0.01 |
0.00 |
0.01 |
|
38.50 |
39.00 |
0.50 |
combined |
|
|
|
|
|
|
28491 |
3.20 |
0.49 |
0.07 |
|
46.30 |
47.50 |
1.20 |
E588761 |
1.43 |
0.08 |
0.04 |
77 |
212 |
2 |
28472 |
1.50 |
0.07 |
0.04 |
|
47.50 |
48.00 |
0.50 |
E588762 |
2.00 |
0.10 |
0.05 |
89 |
285 |
3 |
28473 |
1.85 |
0.10 |
0.05 |
|
48.00 |
49.00 |
1.00 |
E588763 |
0.63 |
0.02 |
0.02 |
54 |
98 |
2 |
28474 |
0.63 |
0.03 |
0.02 |
|
49.00 |
50.00 |
1.00 |
E588764 |
0.99 |
0.03 |
0.02 |
97 |
146 |
6 |
28475 |
0.83 |
0.03 |
0.02 |
|
50.00 |
51.00 |
1.00 |
E588765 |
0.80 |
0.02 |
0.02 |
59 |
100 |
6 |
28476 |
0.69 |
0.02 |
0.02 |
|
51.00 |
52.00 |
1.00 |
E588766 |
1.00 |
0.04 |
0.03 |
65 |
160 |
6 |
28477 |
0.96 |
0.03 |
0.02 |
|
52.00 |
52.75 |
0.75 |
E588767 |
0.71 |
0.04 |
0.03 |
34 |
106 |
1 |
28478 |
0.63 |
0.09 |
0.04 |
|
52.75 |
54.00 |
1.25 |
E588768 |
8.00 |
0.12 |
0.17 |
33 |
952 |
10 |
28479 |
6.60 |
0.06 |
0.10 |
FL-96-07 |
58.92 |
59.92 |
1.00 |
E588770 |
0.15 |
0.00 |
0.01 |
5 |
5 |
1 |
28675 |
0.03 |
0.002 |
0.00 |
|
59.92 |
60.40 |
0.48 |
E588771 |
2.53 |
0.10 |
0.05 |
316 |
383 |
2 |
28676 |
2.90 |
0.05 |
0.05 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Grab Samples |
Notes |
|
|
Wilton Samp # |
Ni% |
Cu% |
Co% |
Pt ppb |
Pd ppb |
Au ppb |
|
|
|
|
Baikie Main Showing |
Serpentinized ultramafic |
R15707 |
2.95 |
0.12 |
0.08 |
85 |
421 |
7 |
|
|
|
|
Boomerang Showing |
Gossanous ultramafic |
R15708 |
0.01 |
0.01 |
0 |
2 |
8 |
<2 |
|
|
|
|
Seahorse Lake Showing |
Silicified massive sulphide |
R15709 |
0.01 |
0.01 |
0.01 |
<2 |
4 |
9 |
|
|
|
|
Seahorse Lk 2 |
Silicified massive sulphide |
R15710 |
0.01 |
0.01 |
0.02 |
<2 |
2 |
11 |
|
|
|
|
Churchill is also pleased to report that field
work has commenced at the Taylor Brook Project in western
Newfoundland, with drilling and road-clearing equipment on the
property. Drilling in the known high grade Layden Showing area is
commencing today.
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 Falconbridge drill
core samples were half core samples split by the NL Department of
Industry, Energy and Technology personnel at the Happy Valley-Goose
Bay core storage facility. The samples were placed in labelled,
sealed plastic bags. The Tapestry core samples were also half split
core pieces that were likewise sealed in labelled plastic sample
bags. The samples were transported to Thunder Bay, ON, and sent for
assay. The grab samples were whole rock pieces, collected from
mineralized outcrop. These samples were also sealed in labelled
plastic sample bags. All sample bags were photographed and
transported to Thunder Bay, ON. Standard OREAS 13b and blanks were
inserted in the assay batch. The samples were analysed by ALS
Geochemistry Ltd in Thunder Bay using PGM-MS25NS and ME-MS61L
analytical protocols. Samples with over limit Ni contents were
re-assayed using OG-46 Aqua-Regia overlimit method. Quality control
results, including the laboratory’s own control samples, were
evaluated immediately.
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. |
|
416.365.0930
(o) |
|
|
647.988.0930 (m) |
Email |
|
psobie@churchillresources.com |
|
|
|
Alec Rowlands, Corporate Consultant |
Tel. |
|
416.721.4732 (m) |
Email |
|
arowlands@churchillresources.com |
|
|
|
Cautionary Note Regarding Forward Looking
Information
This news release contains "forward-looking
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"forward-looking statements") within the meaning of the applicable
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exploration activities conducted and proposed to be conducted at
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including whether any proposed exploration programs at any of the
Company’s properties will be successful; exploration results; and
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reasonable assumptions and estimates of management of the Company
at the time such statements were made. Actual future results may
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benefits to the Company relating to the exploration conducted and
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identify any additional mineral resources or significant
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unlikelihood that properties that are explored are ultimately
developed into producing mines; geological factors; actual results
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plans continue to be evaluated; soil sampling results being
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uncertainties relating to the COVID-19 pandemic; and those factors
described in the most recently filed management’s discussion and
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the Company believes, or believed at the time, to be reasonable
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results will be consistent with such forward-looking statements, as
there may be other factors that cause results not to be as
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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.
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