Voltage Metals Corp., (“Voltage” or the “Firm”) (TSXV: VOLT) is happy to report closing assay outcomes from the diamond drill program on the Firm’s 100% owned St. Laurent Nickel-Copper-Cobalt Undertaking, situated 160 km northeast of Timmins, Ontario. Exploration consisted of seven holes, (2,457m), with borehole EM geophysical surveys accomplished on six holes. The 2022 program was a observe as much as encouraging outcomes from a 2019 program by a earlier operator, with SL-19-01 intersecting three separate intervals of >1.0% Ni, and SL-19-03 intersecting 113.4 m 0.22% Ni, 0.17% Cu
Highlights
- Six out of Seven holes intersected encouraging Ni-Cu sulphide mineralization.
- SL-22-07 intersected 51.8 metres of 0.24% Ni 0.18% Cu, was drilled to supply definition on the broad zone of mineralization intersected in SL-19-03 which included 113.4 metres 0.22% Ni, 0.17% Cu.
- SL-22-09 intersected 23.1 metres of 0.36% Ni, 0.23% Cu, together with a higher-grade part of 6.0 metres of 0.62% Ni, 0.36% Cu. A deeper intersection on this gap returned 14.0 metres of 0.25% Ni, 0.14% Cu.
- SL-22-10 intersected 10.3 metres of 0.29% Ni, 0.17 % Cu and a deeper higher-grade interval of 0.67% Ni, 0.44% Cu over 4.0 metres..
- SL-22-11 intersected a number of intervals of mineralization together with 17.5m of 0.28% Ni 0.19% Cu, an intermediate interval of 13.0 metres of 0.53% Ni, 0.27 % Cu, and a deeper intersection of 14.4 metres of 0.36% Ni, 0.32% Cu.
- A newly recognized Maxwell Plate EM anomaly positioned between SL-10-01 and SL-19-02 suggests dimension and continuity of mineralization for follow-up drill testing.
- A lately outlined Maxwell Plate EM anomaly proximal to SL-19-06 offering a precedence goal for follow-up work and suggests continuity of the mineralized system to the northeast.
St. Laurent Nickel Sulphide Mineralized System
The St. Laurent Undertaking shows geological traits indicative of a gabbro breccia/conduit hosted type of nickel mineralization, akin to the Lynn Lake Deposit (28.4 million tons @ 0.91% Ni, 0.49% Cu)1 the Kenbridge deposit (7.5 million tonnes @ 0.58% Ni, 0.32% Cu)2, and the Montcalm Deposit (3.9 million tonnes @ 1.3% Ni, 0.67% Cu, 0.05 Co)3. Traits of those techniques embrace, irregular large sulphide lenses contained inside broad intervals of decrease grade mineralization, usually disrupted by barren xenoliths of gabbro intrusion materials and the encompassing wall rock materials.
Nickel and sulphur assay knowledge from St Laurent predicts a excessive nickel tenor4 of 5% Ni for large sulphides (35% S) within the St. Laurent system. Drilling thus far has intersected a number of intervals of extensive, decrease grade disseminated, stringers and blebby sulphide mineralization.
2022 Drill Gap Outcome
SL-22-05 was drilled 45 metres up-dip from the three intently spaced mineralized zones intersected in SL-19-01 (1.1% Ni, 0.5% Cu, 503 ppm Co, 5.1% S over 3.6m, 1.3% Ni, 0.5 % Cu, 568 ppm Co, 5.6% S over 4.2m, 1.0% Ni, 0.8% Cu, 506 ppm Co, 4.8% S over 4.7m) coincident with the middle of a robust Maxwell Plate EM anomaly. The outlet encountered sulphide mineralization on the anticipated depth with 0.7% Ni, 0.3% Cu over 2.6 m, however was abruptly terminated by the presence of mafic volcanic xenoliths. A number of slender intervals have been intersected, together with 3.9 m of 0.21% Ni, 0.25% Cu, and a deeper part of 0.8m of 0.81% Ni, 0.14% Cu. The presence of mafic volcanic xenoliths is an anticipated element of the conduit sort system. Figuring out the place of the bigger xenoliths is vital for future drill planning.
SL-22-06 was drilled to check the north-east extension of the mineralized system within the down plunge path, concentrating on a deep-strong Maxwell Plate EM anomaly. Non mineralized Gabbro and Diorite have been intersected all through everything of gap with no clarification for the anomaly. Observe up Borehole EM surveys have outlined a robust, giant off-hole anomaly indicating the presence of conductive materials persevering with within the northeast down-plunge path.
SL-22-07 was drilled 400 metres in entrance and oriented again in direction of SL-19-03. The aim of the opening was to additional outline the width and orientation of the low- grade mineralization in SL-19-03, whereas on the identical time testing a number of Maxwell Plate EM anomalies. SL-22-07 intersected 51.8m of 0.24% Ni, 0.18% Cu. The broad zone of mineralization was cut-off early by the presence of a big mafic volcanic xenolith. The mineralized zone on this space is interpreted to be roughly 75 metres extensive. Borehole EM surveys have outlined a big steady Maxwell Plate EM anomaly coincident with the broad zone of mineralization, suggesting good continuity to the system.
SL-22-08 was drilled 80 metres east of SL-22-05 to check the sting of a Maxwell Plate EM anomaly. A large interval of 52.7 metres of 0.12% Ni, 0.09% Cu with a higher-grade interval of 0.25% Ni, 0.18% Cu over 9.0 metres was intersected.
SL-22-09 was drilled from the identical setup as SL-22-08 at a steeper dip. SL-22-09 intersected 0.62% Ni, 0.36% Cu over 6.0 m inside a broader interval of 23.1 metres of 0.34% Ni, 0.23% Cu. Variation in grade of mineralization between SL-22-09, SL-22-08 drilled 60 metres above, and SL-19-01 drilled 65 metres to the west, spotlight the anticipated variations on this type of a mineralized system. SL-22-09 encountered a big mafic volcanic xenolith interpreted to have lower off a portion of the mineralized zone.
SL-22-10 was drilled to check extensive sections of mineralization reported in drill holes PA-2 and PA-4 (1966). Drill casings for these two holes have been situated within the subject, which permits the historic knowledge to be precisely integrated into the present mannequin. SL-22-10 was positioned between the 2 older setups and deliberate to judge the western portion of the mineralized system. SL-22-10 intersected 10.3 metres of 0.29% Ni, 0.17% Cu and a second interval of 4.0 metres of 0.70% Ni, 0.44% Cu.
SL-22-11 was drilled from the identical setup as SL-22-10 at a shallower dip. A number of zones of mineralization have been intersected all through the opening, together with 5.5 metres of 0.28% Ni, 0.18% Cu, 6.5 metres of 0.22% Ni, 0.21% Cu, 17.5 metres of 0.28% Ni, 0.42% Cu, and 13.0 metres of 0.53% Ni, 0.27% Cu. The mineralized zone is interpreted to be roughly 100 metres thick based mostly on drilling on this space.
Assay outcomes are included in Desk 1. Drill intervals within the desk are core lengths, as true widths haven’t been decided because of inadequate drill element.
Desk 1 – St. Laurent 2022 Diamond Drill Program Assay Outcomes
2022 Drill Program
Exploration consisted of seven holes, (2,457m), with borehole EM geophysical surveys accomplished on six holes. A complete of 570 samples, representing 800 metres of core have been cut up for evaluation. All drill holes, except for SL-22-06, intersected a number of intervals of sulphide mineralization. The St. Laurent mineralized system has been sporadically examined alongside 650 metres strike extent, with solely 4,792 metres of drilling in three separate packages since 2008. In 1966, 13 holes have been competed, with drill logs (restricted assay knowledge) supplied for 7 of the 13 holes (1,081m). Drill Gap places for the 2022 program are included in Desk 2.
Desk 2- 2022 Drill Gap Areas
Borehole EM Surveys
Borehole EM surveys have been carried out on the vast majority of 2019 and 2022 drill holes. The interpreted Maxwell Plate modeling is an efficient technique at monitoring the pattern of the mineralization and supplies a excessive stage of confidence for future drill concentrating on.
Touch upon Outcomes
The 2022 Voltage diamond drill program has improved the geological understanding of the St. Laurent undertaking and significantly expanded the footprint of the mineralized system. Bob Bresee, President of Voltage states “The target of the 2022 drill program was to establish large sulphide mineralization, which based mostly on the nickel tenor of this method signifies excessive grade 5% nickel. The St. Laurent magmatic system consists of considerable quantities of cobalt and PGE’s which mixed with a excessive nickel grade supplies an especially fascinating exploration goal because of the excessive greenback worth of the contained minerals. Though large sulphides are the first exploration focus, extensive decrease grade nickel mineralization together with the present excessive metallic costs current exploration alternatives to judge decrease nickel grade, bigger quantity materials. The broad zones of decrease grade mineralization at St. Laurent point out a big steady system that has been calmly drill examined with 5,873 metres whole drilling since 1966, alongside a strike distance of 650 metres.”
Assaying & QAQC
Core was logged, tagged and sawn on the Firm’s logging facility in Cochrane, Ontario. Samples have been transported in sealed luggage to ALS Canada Ltd. facility in Timmins for preparation. Pulps have been transported to Vancouver, British Columbia for 35 component MEICP41 Aqua regia ICP AES evaluation, PGM ICP23 evaluation for Au- Pt- Pd evaluation, S-IR08 for Sulphur evaluation, Cu OG46 evaluation for >10000 ppm Cu and NiOG46 evaluation for >10000 ppm Ni. the sampling of, and assay knowledge, from drill core is monitored by means of the implementation of a top quality assurance – high quality management (QA-QC) program designed to observe business greatest follow.
Certified Individual
The St. Laurent 2022 diamond drill undertaking was accomplished below the direct supervision of Todd Keast, P.Geo, a guide to Voltage Metals Corp. Todd Keast, P.Geo. is a Certified Individual as outlined in Nationwide Instrument 43-101. He has reviewed and permitted the technical content material of this press launch.
References:
- Pinsent R.H., 1980, Nickel Copper Mineralization within the Lynn Lake Gabbro, Manitoba Division of Power and Mines Minerals Sources Division Financial Geology Report ER-79-3.
- Tartisan Nickel Corp. Sedar Web site P & E Mining Consultants, Sept 17,2020, Technical Report and Up to date Mineral Useful resource Estimate of the Kenbridge Nickel Undertaking.
- Atkinson, 2011, Ministry of Northern Improvement and Mines.
- Nickel Tenor is a typical follow in magmatic nickel-copper exploration the place the nickel vs S ratio is extrapolated to 100% sulphides (35% S), to estimate the grade of large sulphide. Nickel tenor doesn’t present certainty that large sulphides shall be found.