Nordic Nickel Limited (ASX: NNL) has received further significant assay results from drilling completed at its 100%-owned flagship Pulju project, situated in Northern Finland within the Central Lapland Greenstone Belt (CLGB).
The company completed 28 diamond drill-holes for 15,432m as part of its maiden drilling program at the Project.
New assays have been received for diamond drill-holes HOT007, HOT008, HOT009, HOT011, HOT012, HOT013 and HOT019, which targeted extensions to the current MRE and associated geophysical anomalies. Results have further confirmed and significantly expanded the footprint of disseminated nickel sulphide mineralisation at the Hotinvaara prospect.
On the basis of the assays received to date and logging of all the completed drillholes, the company is optimistic about the potential to substantially increase the Mineral Resource Estimate (MRE) at Hotinvaara, which currently stands at 133.6Mt @ 0.21% Ni, 0.01% Co.
The maiden drill programme at Hotinvaara is continuing to deliver outstanding results, with extremely wide zones of disseminated nickel mineralisation encountered in almost every hole drilled,” Managing Director, Todd Ross, said.
“The sheer scale and extent of the deposit is what stands out from these drillholes. HOT013 was a particular standout, intersecting multiple intervals of above cut-off nickel sulphide mineralisation over a cumulative thickness of 428m within 538m of surface.
“Also of note is the discrete higher-grade zones, with grades of up to 0.86% Ni in HOT013. This shows the potential of the system to carry higher-grades, and an encouraging sign for our ongoing exploration at Hotinvaara. If we can vector into larger accumulations of higher=grade massive sulphides that are known to be present in the system, that will be a game-changer for the project.
“We are looking forward to receiving the balance of assays for the outstanding 14 drillholes over the next month. In the meantime, work has already started on the MRE upgrade, which we plan to complete by the end of this year.”