Drilling has been completed by Voltage Metals (CSE: VOLT) at its St Laurent property, which is located northeast of Timmins, Ontario. The program was completed in conjunction with downhole geophysical surveys as the company looks to gain a better understanding of mineralization on the property.
A total of seven holes were conducted under the program, with aggregate drilling of 2,460 metres conducted. Downhole geophysics was reportedly conducted on six of the seven holes, while 570 samples were sent in for analysis.
Results from the drill program are expected to be received within the next eight weeks.
“The St. Laurent Project represents a previously unrecognized Ni-Sulphide system with very limited past exploration work. As we receive the borehole and assay results over the next while we are reminded that the Ontario Government recently announced (March 17, 2022), a Critical Minerals Strategy for the coming 5 year period to focus on exploration and development of Ni, Cu, Co, Pt, Pd, the very metals specifically contained within the St. Laurent project. We look forward to reporting on the assay and geophysical results in the coming weeks,” commented CEO Bob Bresee.
The St Laurent property is said to be prospective for nickel, copper and cobalt mineralization. A small drill program completed in 2019 identified nickel grades in excess of 1.0% via three separate intervals. A lower grade intersect of 113.4 metres of 0.22% nickel, 0.17% copper and 139.4 ppm cobalt was also reportedly made, beginning at a depth of 328 metres.
Voltage Metals last traded at $0.08 on the CSE.
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