Canadian Arrow Mines, Ltd. (CRO: TSX-V) reports additional high grade nickel copper mineralization from drilling at the Kenbridge Nickel Project in Northwestern Ontario. Diamond drill hole KB-07-149 assayed 1.14% Ni, 0.30% Cu, 0.04% Co over a core length of 49 metres, including a high grade section of 6.23% Ni, 0.72% Cu, 0.18% Co over 5.8 metres. This intersection is located below the proposed open pit at approximately 250 metres elevation below surface.
Assay highlights for 14 drill holes include:
- KB-07-149 - 1.14% Ni, 0.30% Cu over 49 m - including 2.22% Ni, 0.47% Cu over 20.5 m - including 6.23% Ni, 0.72% Cu over 5.8 m
- KB-07-183 - 1.08% Ni, 0.46% Cu over 46.2 m - including 2.54% Ni, 0.75% Cu over 15.5 m - including 5.96% Ni, 0.60% Cu over 1.7 m
- KB-07-161 - 0.83% Ni, 0.41% Cu over 23.3 m - Including 1.53% Ni, 0.89% Cu over 8.3 m
- KB-07-181 - 0.77% Ni, 0.29% Cu over 17.8 m - Including 1.0% Ni, 0.32% Cu over 12.3 m
Hole KB-07-149 and recently reported hole KB-07-180 (2.95% Ni, 0.82% Cu, 0.07% Co over 21.5 metres, including a high grade section of 7.21% Ni, 0.67% Cu, 0.19% Co over 5.5 metres) are both located on section 12504.5m N with KB-07-149 intersecting the deposit approximately 60 metres up dip of KB-07-180.
Hole KB-07-183 intersected the deposit at approximately the same elevation below surface as hole KB-07-180 (approximately 300 metres vertical) and was collared on Section 12415m N, which is 90 metres south along strike of KB-07-180.
Commenting on the results Kim Tyler, President of the Company, stated, "We continue to find excellent widths and grades to the mineralization below the proposed open pit portion of the deposit. Every hole we've drilled into the underground portion of the deposit is giving us a better understanding of the controls to the mineralization, particularly the higher grade zones. We will be using the results from these holes to upgrade the inferred resource in the underground portion of the deposit in our planned feasibility study. Some of the recent work completed on modeling the deposit has led to the interpretation that some of the higher grade zones may in fact have shallow plunges and appear more continuous than previously interpreted. Testing the new plunge interpretation will require additional follow up exploration drilling including the possibility of plunge extensions beyond the known mineralized envelope both to the north and south of the deposit.
Over the last few weeks we have been able to get through a significant amount of the assay backlog. We still have approximately 15 drill holes of assay results for the Kenbridge Nickel Deposit and will await those final results before prioritizing the next phase of drilling in the immediate vicinity of the deposit. -- www.cnxmarketlink.com
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