- SPC Nickel has started the company’s 2021 drill program at its flagship Aer-Kidd property in Sudbury, Ontario.
- The company has a C$3.6 million exploration program at the nickel, copper and platinum-group metals mine
- A total of 15,050 metres of diamond drilling has been targeted for the program
- The company owns a 100 per cent interest in the Aer-Kidd project
- SPC Nickel is down 4.08 per cent on the day, with shares trading at C$0.47 at 1:25 pm ET
SPC Nickel has started the company’s 2021 drill program at its flagship Aer-Kidd property in Sudbury, Ontario.
The company has budgeted a C$3.6 million exploration program at the nickel, copper and platinum-group metals mine.
A total of 15,050 metres of diamond drilling has been targeted for the program.
“We are very excited to begin our $3.6 million exploration program with just over 15,000 metres of drilling to test the areas we believe may host high-grade Ni-Cu-PGM mineralization. Our fully funded program will ensure we have a steady stream of results through the end of program anticipated in Q2 of 2022,” said SPC Nickel Corp. President and CEO Grant Mourre.
The planned program will use a combination of diamond drilling and borehole geophysics to test the prospective Howland, Robinson and Rosen mineralized trends.
The first drill is scheduled to start on Wednesday, March 17.
The Aer-Kidd Property is located within the southwest corner of the Sudbury Mining Camp and consists of a 1.5-kilometre section of the Worthington Offset Dyke (WOD). The WOD hosts several high-grade Ni-Cu-PGM deposits.
SPC Nickel is a new Canadian public corporation focused on exploring for Ni-Cu-PGMs within the Sudbury Mining Camp.
The company is currently exploring its 100 per cent owned Aer-Kidd project.
SPC Nickel is down 4.08 per cent on the day, with shares trading at C$0.47 at 1:25 pm ET.