JV Article: “Combined with the six drill holes from our winter program, we have a 100% nickel-sulphide intersection success rate in all of our completed drill holes at Manibridge,” James Sykes, CEO of MetalEnergyCorp $MERG.V nickel manitoba TSXV
Drilling at Metal Energy’s Manibridge project in northern Manitoba. Metal Energy photo
Pleased with the winter results, the company completed 5,331 metres of drilling in 19 holes this summer from June to July. Sixteen holes reached bedrock, each intersecting nickel-copper-cobalt sulphide mineralization verified by X-ray fluorescence. Sulphide-rich zones range from 1 metre to 55 metres thick, the company says, with an average thickness exceeding 15 metres at depths between 150 metres and 300 metres.
“The logistics are all here,” he said. “It has easy access. We didn’t have to prep the ground for anything. We can drive up right to where we want to go and that’s exactly where we are drilling. It’s been super simplistic that way.” “Really, having the drill density from historic drill holes hasn’t provided us with too much information because they didn’t sample as much,” he said. “We sample more than they used to, and we’re showing there are more nickel sulphides in the ground than were originally recognized.”
Geology at Manibridge is a metamorphosed ultramafic package, said Sykes. Sulphide deposits are stratiform or controlled by folds and shear systems. “We are progressing towards the old mine workings, and the idea behind that is hopefully the mineralization gets better as we go that way,” he said. “But as we head in that direction, we learn more about the structural controls of the system. We do think there is a depth component to this whole system – plunging downwards that nobody has ever explored.”
Regional exploration began in 1946 with a 10-year geophysical and geological exploration program culminating in the discovery of the Thompson deposit in 1956 by Inco, according to the Manitoba Geological Survey.
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