A longitudinal section of the Manibridge deposit and north extension. (Image: CanAlaska Uranium)
MANITOBA – Vancouver-based CanAlaska Uranium has reported higher grades and widths of nickel mineralization upon re-assaying core from its Manibridge deposit was re-assayed. The deposit sits within the Thompson nickel belt.
The highest grade was recorded from a 1.0-metre interval that graded 12.06% nickel. Here are the key intercepts:
- Hole 19MB01: 3.33% nickel over 1.3 metres and 1.05% over 5.5 metres;
- Hole 19MB02: 2.75 % nickel over 6.6 metres, including 12.06% over 1.0 metre;
- Hole 19MB03: 4.52% nickel over 2.1 metres, including 6.13% over 1.5 metres, and 1.24% over 4.78 metres; and
- 30% nickel over 1.2 metre, including 6.79% over 0.6 metre.
CanAlaska purchased the former Manibridge mine in March this year. The vendor, Pure Nickel, received $25,000 in cash and 300,000 CanAlaska shares and 100,000 two-year warrants. Pure Nickel purchased the property from Glencore Canada, which retains a back-in right and 2% net smelter royalty should a deposit of 15 million tonnes or more be outlined.
More information about Manibridge will be posted at www.CanAlaska.com when it becomes available.