Crowflight Minerals (CML-V) has had a technical evaluation report prepared by independent consultants for its Bucko deposit, 110 km south-southwest of Thompson, Man.
An indicated diluted mineral resource for Bucko stands at 1.46 million tonnes grading 2.36% nickel, with an inferred resource of 547,000 tonnes at 1.99% nickel. This used a 7.4-metre average horizontal thickness with a 20% dilution at the average wall rock grade.
The company now plans to drill extensions of the deposit to increase this resource. As recommended in the report it will also assay for platinum group elements and collect geotechnical data.
Nickel mineralization is within the complexly-folded Bucko Lake ultramafic sill which varies from 22- to over 150-metres wide and extends over at least 800 metres in a northerly direction, dipping 75-80 to the east. The sill is bounded by granodioritic gneiss. The resource used assay data from the West Limb and Hinge zones.
Bucko is accessible by road, has telephone and electrical service and is within 1.5 km of a railway line. It is 5 km south of the town of Wabowden. During 1971-1972, a 360-metre shaft was sunk and 900 metres of drifting was completed on the 305-metre level.
Crowflight has an option to earn an initial 50% interest in the property (T.N.M., July 5/04) from Falconbridge (FL-T).
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