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Quebec Nickel, a mineral exploration company focused on acquiring, exploring and developing nickel projects in Quebec, has expanded the known sulphide mineralization at the Fortin Sill Zone at its Ducros Project in Quebec.

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Quebec Nickel (CSE:QNI) (OTCQB:QNICF) (FSE:7IB), a mineral exploration company focused on acquiring, exploring and developing nickel projects in Quebec, has expanded the known sulphide mineralization at the Fortin Sill Zone at its Ducros Project in Quebec. The sulphide-bearing ultramafic unit encountered in QDG-22-38 occurs approximately 60 metres below and 50 metres to the southwest of the currently known extents of the Fortin Sill Ni-Cu-PGE Zone.

Additional Information:

Company: Quebec Nickel Corp
Website: www.quebecnickel.com
Stock Symbol: CSE:QNI
Date Published: Oct 19, 2022
Transcript: Available

Video Transcript:

Quebec Nickel Corp. (CSE:QNI) (OTCQB:QNICF) (FSE:7IB), a mineral exploration company focused on acquiring, exploring and developing nickel projects in Quebec, has expanded the known sulphide mineralization at the Fortin Sill Zone at its Ducros Project in Quebec.

The company owns a 100% interest in the Ducros Property, covering 15,147 hectares within the eastern portion of the mineral-rich Abitibi Greenstone Belt, 80 kilometres northeast of Val-d’Or, Quebec.

Hole QDG-22-38, a 201-metre-long hole drilled from the northeast side of the Fortin Sill outcrop, was designed to explore for extensions of the Fortin Sill Zone and/or new mineralized intrusions.

The sulphide-bearing ultramafic unit encountered in QDG-22-38 occurs approximately 60 metres below and 50 metres to the southwest of the currently known extents of the Fortin Sill Ni-Cu-PGE Zone.

The hole collared in variably chlorite-altered and sulphide-mineralized gabbronorites and pyroxenites until approximately 41 metres hole depth.

Between approximately 41 metres and 132 metres, the hole cored through a mixed package of intercalated metabasalt and metasedimentary units before passing into a variably sulphide mineralized and chlorite-altered ultramafic intrusive body of gabbronorite to pyroxenitic affinity between 132 metres and 199 metres hole depth.

Within this ultramafic unit, sulphides occur between 148-162 metres and 178-183 metres as patchy fine disseminations, thin stringers (1-3 mm wide) and as coarse blebs of pyrrhotite + chalcopyrite of up to 2 cm in size

The abundance, composition and texture of the sulphides in this portion of QDG-22-38 appear very similar to the mineralization encountered in hole QDG-22-09 earlier this year.

As previously reported, assay results from hole QDG-22-09 returned a 31 metres-wide intercept averaging 0.37% Ni, 0.40% Cu and 0.55 g/t Pt-Pd-Au including higher grade sub-intervals of 0.44% Ni, 0.51% Cu and 0.69 g/t Pt-Pd-Au over 18.50 metres and 0.55% Ni, 0.86% Cu and 0.86 g/t Pt-Pd-Au over 5.0 metres.

Core samples from QDG-22-38 are at the assay lab and results will be released when received.

Additional drill holes are being planned from existing permitted drill pads to further define this possible extension of the Fortin Sill Zone.

In September, a second drill was mobilized to begin a 3,000 metre program at the Ducros Ultramafic Sill Complex (DUSC) target area, and a third drill rig was recently mobilized to accelerate the current and ongoing 20,000 metre drilling program at the Fortin Sill Zone.

David Patterson, CEO, stated: "Considering the outstanding results we’ve seen so far from drilling at the Fortin Sill Zone, it was obvious we needed to ramp-up the work here to better understand what it is we have at Fortin. At the same time, we didn’t want to sacrifice the important work that’s going on elsewhere at the project, including the drilling at the DUSC target, so it only made sense to add another rig to the project. We’re looking forward to sharing the results of all this hard work really soon.”

The shares are trading at $0.275.

For more information, please visit the company’s website www.QuebecNickel.com, contact David Patterson, CEO, at 1-855-764-2535 or by email at info@QuebecNickel.com.