Voltage Metals Commences 3,000 Metre Drill Program At Ontario Nickel-Copper Project

Drilling is set to begin for new CSE issue Voltage Metals Corp (CSE: VOLT). The firm this morning indicated that it will be conducting a 3,000 metre drill program at its nickel-copper-cobalt property known as the St Laurent Project, which is now getting underway.

The planned multi-hole drill program is to take place across the property, although the company did not indicate just how many holes it plans to conduct under the current program. The firm is setting itself up for future success however, with the company indicating that they will be conduct downhole geophysics once drilling is complete to better define deep conductive targets for future drill program phases.

The 4,170 hectare St Laurent project was last drill tested in 2019, when the operator at the time encountered strong nickel grades, including 1.30% nickel over 4.2 metres, 1.10% nickel over 3.6 metres, and 1.00% nickel over 4.7 metres all within the same hole. The results are said to indicate a high nickel tenor of 5% nickel for massive sulphides in the magnetic system based on the sulphur results. To date, operators have yet to encounter massive sulphides on the property however magnets continue to suggest the presence of such mineralization.

“The high nickel tenor of the St. Laurent magmatic system includes appreciable amounts of cobalt and PGE’s, which combined with a high nickel grade provides an extremely exciting exploration target due to the high dollar value of the contained minerals. A series of borehole and airborne EM anomalies extending along an 800-metre-long corridor allows us to focus our drilling activities in this most prospective area. Massive sulphides and high-grade nickel are the primary exploration focus, but we are also keeping in mind the historical wide, low grade nickel intersections, which are interesting given the current robust metal prices,” said CEO Bob Bresee.

Voltage Metals last traded at $0.165 on the CSE.


FULL DISCLOSURE: Voltage Metals is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover Voltage Metals on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.

Video Articles

Baselode Energy To Acquire Forum Energy: The Merger Of Equals Deal

TriStar Gold: The Revised Castelo de Sonhos Prefeasibility Study

Gold is Up 30%, But the Real Bull Market is Only Starting Now! | Adrian Day

Recommended

ESGold To Expand Mine Building At Montauban In Advance Of Gold & Silver Production

Goliath Resources Expands 2025 Drill Program To 60,000 Metres

Related News

Nickel In Pickle: Trafigura Recorded $577 Million Loss On Fraudulent Nickel Purchase

Swiss trader Trafigura Group is facing losses of more than $500 million after learning that...

Saturday, February 11, 2023, 01:27:00 PM

Reputation on the Rocks: LME Discovers Bags of Nickel Were Replaced With Stones

The London Metal Exchange has yet another embarrassing scandal on its hands: this time, the...

Sunday, March 19, 2023, 11:29:00 AM

Nickel 28 Anticipates Cash Flow From Ramu Nickel-Cobalt Project By The End Of Q2

Nickel 28 Capital Corp (TSXV: NKL) this morning provided production results for its largest asset,...

Tuesday, May 18, 2021, 03:43:00 PM

Karora Resources Hits 4.0% Nickel Over 3.5 Metres At Beta Hunt, Extends Mineralization Zone To Over 80 Metres

Karora Resources Inc. (TSX: KRR) announced this morning the follow-up drill results at the 50C...

Friday, October 8, 2021, 10:21:00 AM

Talon Metals’ Nickel Project JV Could Make For An Interesting Electric Vehicle Play

Like the prices of many metals which are utilized in the batteries of electric vehicles...

Tuesday, February 16, 2021, 11:36:00 AM