Article:
FPX Nickel Corp., renowned players in the world of mineral exploration, has received clear indications of the high promise that their large-scale project, christened Mich Property”, holds. They recently embarked on a rock sampling program, which has established the Mich Property as a compelling, large-scale target. The collected data showcases surface grades that are remarkably similar to their flagship Baptiste Nickel Project.
FPX Nickel Corp carried out the sampling program that was concluded in September 2020 on their Mich Property, located in Central British Columbia. A total of 245 rock samples were taken from more than 100 individual outcrop stations, spread across nine different areas within the property. This suggests a wide-spread geologic footprint, totalling a length of approximately 10km.
The result of the sampling was promising with 20% of the samples returning values greater than 0.10% Nickel (the threshold for Nickel mineralisation). More impressively, some of the samples even showed value exceeding 0.25% Nickel, competing beautifully with the average grades found in the flagship Baptiste Deposit.
The geological features of the targeted Mich Property match closely with those found at the Baptiste Deposit, hinting at the fact that the Mich Property may indeed hold similar mineral composition and tremendous potential for Nickel mining. The area is marked by significant surface mineralization of nickel, offering more concrete proof of a favourable nickel prospect in future explorations.
The overwhelming indications hinting towards the high possibility of nickel presence led FPX Nickel Corp to upgrade Mich Property’s status. It is now perceived as one of the most compelling, large-scale decarburization targets in the Decarly Creek Nickel District. The District is one of the world’s premier districts for large tonnage, nickel deposits.
Adding to the ongoing excitement around the property, the Northern Latitudes of the property showed higher Nickel values than the other areas. With a series of mineralized outcrops forming a continuous character over a length of 500 metre, the Northern Latitude also presented an area with magnetic anomalies which can be further looked into.
The author of the NI 43-101 technical report on the Mich Project, Dr. Peter Bradshaw, also the Chairperson of FPX Nickel silverlined certain key points. He reflected on the similarities between the Mich Project and the Baptiste Nickel Deposit in terms of grade and tonnage, with mineralization at surface and the vast untested area on the horizon.
In conclusion, the outcome of FPX Nickel Corp’s rock sampling program is a convincing testament to the enormous potential that the Mich Property holds. With continued exploration, the Mich Property stands to signal a promising future for Nickel exploration, subject to further drilling and substantiation.