- Fjordland Exploration (FEX) has initiated a drilling program at its Renzy Project in Quebec
- The company plans to drill a minimum of 2,500 m with a fully funded C$1M budget
- The price of nickel has doubled over the past week on supply constraints
- Fjordland Exploration is focused on the discovery of large-scale economic metal deposits in Canada
- Fjordland Exploration (FEX) is up by 5 per cent trading at $0.105 per share
Fjordland Exploration (FEX) has initiated a drilling program at its Renzy Project in Quebec.
The company plans to drill a minimum of 2,500 m.
The budget totals C$1M and is fully funded by the company.
Equity Exploration Consultants will manage the program with drill rigs and personnel from Cartwright Drill.
Over the past several months, Fjordland has increased the project to over 500 sq. km due to soaring nickel demand.
The price of nickel has more than doubled in the past week, exemplifying supply constraints for stainless steel and battery metals.
“The 2021 heliborne VTEM geophysical survey generated a number of drill targets near the Renzy mine and further to the south in an area where no prior surveys or drilling has occurred,” stated James Tuer, Fjordland’s CEO. “These targets are directly relatable to the old mine which hosts a 43-101 historic resource.”
Fjordland Exploration is focused on the discovery of large-scale economic metal deposits in Canada.
Fjordland Exploration (FEX) is up by 5 per cent trading at $0.105 per share as of 12:48 pm EST.