Advertisement
Canada markets closed
  • S&P/TSX

    21,969.24
    +83.86 (+0.38%)
     
  • S&P 500

    5,099.96
    +51.54 (+1.02%)
     
  • DOW

    38,239.66
    +153.86 (+0.40%)
     
  • CAD/USD

    0.7316
    -0.0007 (-0.09%)
     
  • CRUDE OIL

    83.67
    +0.10 (+0.12%)
     
  • Bitcoin CAD

    87,348.34
    -1,281.43 (-1.45%)
     
  • CMC Crypto 200

    1,331.31
    -65.23 (-4.67%)
     
  • GOLD FUTURES

    2,348.30
    +5.80 (+0.25%)
     
  • RUSSELL 2000

    2,002.00
    +20.88 (+1.05%)
     
  • 10-Yr Bond

    4.6690
    -0.0370 (-0.79%)
     
  • NASDAQ

    15,927.90
    +316.14 (+2.03%)
     
  • VOLATILITY

    15.03
    -0.34 (-2.21%)
     
  • FTSE

    8,139.83
    +60.97 (+0.75%)
     
  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     
  • CAD/EUR

    0.6839
    +0.0018 (+0.26%)
     

Nickel One Discovers Potentially Significant Nickel Deposit Near Surface in Ontario

ZURICH, SWITZERLAND / ACCESSWIRE / April 12, 2016 / Today, Stephan Bogner from Rockstone Research published an update on Nickel One Resources Inc. (TSX.V:NNN.V - News) as the company has disclosed assays of the first 4 drill holes from its 100% owned Tyko Nickel-Copper-PGE Project near Marathon in northwestern Ontario earlier today.

All 4 holes intersected significant nickel mineralization at shallow depths, including 1.04% nickel over 16 m (78 m downhole), which is almost 4 times the mineralization length of historic hole TK-06-001 (1.09% Ni over 4.15 m) and almost 3 times the mineralization length of historic hole TK-06-005 (1.05% Ni over 6.20 m).

Another 10 holes have already been drilled, with assays pending and expected to be announced shortly.

This phase-1 drilling program was designed to confirm orientation of mineralization in the channel structures and extend the continuity of mineralization - today's initial results show that Nickel One is right on track and has confirmed to be sitting on a potentially significant deposit at surface.

ADVERTISEMENT

The full report can be accessed with the following links:

English (PDF):
http://rockstone-research.com/images/PDF/NickelOne3en.pdf

English (web version):
http://rockstone-research.com/index.php/en/research-reports/903-Nickel-One-discovers-potentially-significant-nickel-deposit-near-surface-in-Ontario

German (PDF):
http://rockstone-research.com/images/PDF/NickelOne3de.pdf

Disclaimer: Please read the full disclaimer within the full research report as a PDF as fundamental risks and conflicts of interest exist.

SOURCE: Rockstone Research