Fort St. James Nickel has offered details on the ongoing drill campaign at the Kilometer 26 project. This drilling started on November 20 and the company drilled four holes. Currently, the fifth hole is being drilled.
The company has drilled around 700 m. Serpentinite has been yielded in all the holes from bedrock to the hole’s bottom portion. The company has drilled holes at around 400 m spacing. This has resulted in a region that expands about 1.6 km trending in the northern or the southern direction and around 500 m trending in the eastern or western direction. This area is open in every direction, mainly towards the western and southern region depending on geophysical signatures. Serpentinite is found at the bottom of all holes in depths that differs from 80 to 200 m. The company is expecting to drill the present hole by December 19. It is anticipating the analytical results at the earliest.
The company is expecting to drill around 2,000 m, totaling 12 holes. It decided the drill targets, after the completion of ground-based geophysical surveys for around 65 line-km. Exploration campaigns will be conducted throughout the year, because of the low elevation of the property.
This project has included 9,819 ha, which is situated in the Omineca Mining Division of BC. The project is centered on a strong aerial magnetic. The diameter of the circular magnetic anomaly is over 5 km, signifying a huge ultramafic body. Prospecting and geological reconnaissance conducted during the last two summers have identified nickel mineralized Serpentinite region over 5 x 3 km area in this feature. The nature and setting of this mineralized nickel appear to be identical to the mineralization at the Decar project, which is situated 30 km towards the west.