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Quebec Nickel (CSE:QNI) announces exploration plans

Mining
CSE:QNI
04 August 2021 11:15 (EDT)

Source: North American Nickel

Quebec Nickel (QNI) announced plans for its upcoming exploration program at its Ducros Ni-Cu-PGE Property.

The first phase exploration program is budgeted at $375,000.

Two known Ni-Cu-PGE showings, as well as a quartz-vein hosted gold showings are known to exist on the property.

The Ducros Group Property consists of 239 contiguous mining claims covering 12,818.63 hectares within the Abitibi region located in Quebec.

However, overall, the property has seen limited surface sampling and drilling.

The upcoming 2021 exploration program is planned to include a property-scale heliborne magnetic and electromagnetic survey, the construction of a 3D geological model utilizing historical and modern data, and mapping, prospecting, and sampling.

The company expects to commence its maiden drill program on the property in the fall and winter of 2021-2022, with the initial focus on the Fortin Showing. The size and scope of the drill program will be based on the combined results from the 2020 ground electromagnetic survey and the upcoming 2021 Mag-EM survey, mechanical stripping, mapping and sampling program, and the concurrent 3D geological model.

“This is one of the more exciting chapters for Quebec Nickel, the geophysics program should help guide our technical team in proving up our excellent nickel, copper and PGE targets,” said Quebec Nickel CEO David Patterson.

Quebec Nickel is down 7.35 per cent, trading at $0.32 at 11:01 am ET.

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