Crystal Lake Explores Mafic Intrusion for Nickel-Copper in Northwest Ontario
Vancouver, B.C. – Crystal Lake Mining Corporation (“CLM” or the “Company”) is pleased to announce that an exploration program has been formulated for its two optioned property in NW Ontario known as the EL1 and EL5 properties.
As announced in prior news releases, the Company has separate options with Emerald Lake Development Corporation to purchase up to a 51% interest in the EL1 property and up to a 92% interest in the EL5 property.
The EL1 Property hosts the principal exploration target which contains polymetallic Ni–Cu–PGM sulphides hosted by a mafic norite intrusion presumed to be the basal layer of a phased layered (laccomorphic) Complex. This body is referred to as the Emo Complex or Dobie Intrusion.
Early exploration beginning in the 1950’s and ending in 1972 defined a disseminated copper-nickel body averaging about 0.28% Cu and 0.24% Ni and 0.05% Co. The mineralized body was defined by historical drilling from 220 short drill holes. While not considered economic at the time , CLM is attracted by disseminated mineralization containing higher-grade parallel trending lenses (also referred to as shoots) with historic drilling indicates widths of 4.3m to 12.2m.
One such shoot of an estimated 204,000 tonnes graded 0.65% Cu and 0.87% Ni. Other such shoots were identified but not similarly documented as to tonnage or grade in the historical filed records. The exploration model developed by Emerald Lake is to explore for deeper massive sulphide bodies which may occur below the disseminated low-grade copper-nickel mineralization.
The above Results are historic only and have not being independently verified in accordance with NI 43-101
Claims were staked over the EL5 (Farm) property to facilitate the exploration of a large and very strong magnetic anomaly. The fee simple title was acquired by CLM to provide local accommodation for Company personnel and to maintain secure storage facilities for core, logs and equipment.
Exploration is ongoing.
Mr. Paul Pitman, B.Sc., P.Geo. is a qualified persons as defined by NI 43-101 and has reviewed and approved the technical contents of this press release regarding the ELI project, NW Ontario.
About the Company
CLM is a mineral exploration company focused on creating value through the exploration and development of its British Columbia and Ontario mineral properties. The Company is presently completing the analysis of a Stage 1 drilling program in and around Emo, Ontario.
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