VANCOUVER, BC, April 26, 2021 /CNW/ -- Nickel
Rock Resources Inc. ("the Company") (TSX-V:
NICL), (OTCQB: NICKLF) is pleased to
announce that an exploration program with a budget proposal
totaling $600,000 has been awarded to
Hardline Exploration (https://www.hardlineexploration.com/).
Hardline, headquartered in Smithers,
BC, was founded in 2014, and is a local consulting firm for
the Golden Triangle and western Canada. Hardline work directly with local
contractors and First Nations to ensure their projects receives the
most efficient & dedicated exploration services available. They
specialize in executing programs on complex exploration projects to
generate new discoveries and have a proven track record of
successful projects incorporating highly skilled geologists and
team members with vast experience across Canada on a variety of deposit types.
Please refer to the Technical Report for The Nickel Project, dated
January 21, 2021, prepared by
Jacques Houle, P. Eng. and
Jeremy Hanson, P.Geo. (filed on
SEDAR and on our website at:
https://3xk9ce3437wd1rjqcn12zzpm-wpengine.netdna-ssl.com/wp-content/uploads/2021/02/Technical-Report-for-the-Nickel-Project-final-signed.pdf
About the Project
- The Nickel Project ("project") consists of four non-contiguous
mineral claims groups held by Nickel Rock Resources Inc.
("company') through three separate agreements. The exploration
stage project is in the Takla Lake area of central British Columbia, partially adjacent to FPX
Nickel Corp.'s Decar Nickel Project.
- The Decar Nickel Project is an advanced project targeting
awaruite, a nickel-iron alloy mineral, hosted by serpentinized
ultramafic intrusive rocks of the Trembleur Ultramafic Unit within
the Permian to Triassic age Cache Creek Complex.
- All the claim groups of the project are partially underlain by
variably serpentinized ultramafic intrusive rocks of the Trembleur
Ultramafic Unit. Metallic mineralization discovered to date on the
project includes nickel, cobalt, and chromium, and some of the
nickel mineralization occurs as the nickel-iron alloy awaruite, and
as sulphide minerals including heazlewoodite, bravoite and
siegenite.
- The principal target on the project is nickel occurring as
awaruite, but at the exploration stage all other styles of
mineralization should be considered.
- Systematic, ground-based exploration work began within the area
of the claims now covered by the Nickel Project under the direction
of Ms. Ursula Mowat, P.Geo. in 1987,
continuing intermittently until 2012. This work established the
presence of elevated nickel, cobalt and chromium values in rocks,
soils, and stream sediments.
- The area of the claim groups of the project were included in
Geoscience BC's QUEST and QUEST-West projects, including
multiparameter regional geophysical surveys, and regional stream
sediment reanalyzes and data compilations between 2008 and
2009.
- R. Britten's technical paper "Regional Metallogeny and Genesis
of a New Deposit Type – Disseminated Awaruite (Ni3Fe)
Mineralization Hosted in the Cache Creek Terrane published in 2017
in Economic Geology should be utilized as an interim mineral
deposit model or profile for the Nickel Project.
- The Nickel Project is worthy of phased, systematic exploration
programs designed and implemented to delineate areas with known or
high probability metallic nickel mineralization, and to discover
new areas of similar mineralization.
2021 Work Program
The proposed work program consists of trenching, surface
exploration diamond drilling, camp construction, and exploration
activities to support drilling and trenching such as soil sampling,
rock sampling, prospecting, and geological mapping. The company
proposes a 12-man camp to be built in a cirque on the north slope
of the un-named mountain west of and adjacent to Mount Sydney
Williams and will be built next to a sub-alpine lake at the
headwaters of Van Decar Creek. The
location of camp was selected based on past exploration camps at
this location and is suitable for exploration support. Camp will be
used to accommodate field personnel and will be accessed with
helicopter.
Clayton Valley Project, Silver Peak, Nevada
The Company is exploring for lithium clays and brines within its
project area of 118 claims covering over 930 hectares (2,300
acres). The property stretches in a northwest direction from
the evaporation ponds of Albemarle Corporation NYSE: ALB. It
has been widely reported that Albemarle is planning to
double its lithium production by 2025 by committing between
US$30 million and US$50 million in additional investment on the
property. In 2021, Albemarle plans to commence exploration of
clay and evaluate technology that could accelerate the viability of
lithium production from clay resources in the region.
Qualified Person
Jacques Houle, P.Eng., a
qualified person as defined by NI 43 - 101, is responsible for the
technical information contained in this release. Readers are
cautioned that the information in this press release regarding the
property of FPX Nickel Corp is not necessarily indicative of the
mineralization on the property of interest.
About Nickel Rock Resources Inc.
The Company is a Canadian-based mineral exploration company
active in the exploration for nickel-iron alloy in British Columbia and lithium in
Nevada. Nickel Rock Resources Inc. is a Canadian based
exploration company whose primary listing is on the TSX Venture
Exchange. The Company's maintains a focus on exploration for
high value battery metals required for the electric vehicle (EV)
market. (http://www.nickelrockresources.com/)
On Behalf of the Board of Directors
"Robert Setter"
Robert Setter, President &
CEO
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release. This news release may contain
forward-looking statements which include, but are not limited to,
comments that involve future events and conditions, which are
subject to various risks and uncertainties. Except for statements
of historical facts, comments that address resource potential,
upcoming work programs, geological interpretations, receipt and
security of mineral property titles, availability of funds, and
others are forward-looking. Forward-looking statements are not
guarantees of future performance and actual results may vary
materially from those statements. General business conditions are
factors that could cause actual results to vary materially from
forward-looking statements.
Contact:
Nickel Rock Resources Inc.
604-
428-5690
www.nickelrockresources.com
info@nickelrockresources.com
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SOURCE Nickel Rock Resources Inc.
