ONTARIO - Toronto-based FNX MINING has discovered what it calls the Main Depths nickel contact deposit at the Levack mine. The new discovery lies down-dip from the Main orebody and east of the No.7 orebody.
Nine surface drill holes intersected pyrrhotite-pentlandite-chalcopyrite nickel-rich sulphide mineralization from 480 to 760 m below surface. Highlights from core assays include 4.18% Ni and 2.14% Cu over 1.9 m; 1.15% Ni and 0.34% Cu over 19.4 m and 2.43% Ni and 0.52% Cu over 5.0 m.
FNX believes the new Main Depths deposit may connect to both the Main and No.7 orebodies. The top of the Main Depths lies just below the 1600 level, and it is open down-plunge and along strike. The deposit model puts it at 400 m along an east-west strike and 250 m in the north-south direction.
A longitudinal section of the Levack nickel deposits can be viewed at www.FNXmining.com.
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