Crystal Lake to start drilling at Nicobat

Mar 14, 2018

2018-03-14 17:04 ET – News Release

Mr. Alphonse Ruggiero reports

CRYSTAL LAKE MINING — NEWS RELEASE FOR IMMEDIATE DISSEMINATION

Crystal Lake Mining Corp. has provided an update on its 100-per-cent-owned Nicobat project, where the company is developing a pipeline of highly prospective nickel sulphide targets. Recently expanded to cover 50 square kilometres in Northwestern Ontario’s Rainy River district, Nicobat features excellent infrastructure (road, rail and power access) and a historic nickel-copper-cobalt sulphide mineral zone defined by drilling more than four decades ago.

Highlights:

Crews are mobilizing to commence drilling within the next seven days at Nico 1 on the western contact of the Dobie Intrusion (below and north of the historic zone);
Lamontagne Geophysics Ltd. has been contracted to carry out surface and then borehole electromagnetic surveys upon completion of diamond drill holes at Nico;
A deep penetrating EM survey will be flown by CGG Canada Services Ltd. over Crystal Lake’s claims including the Nico 1 and Nico 2 properties. The objective of the survey is to detect an electrically conductive signature of sulphide mineralization associated with mafic intrusive bodies and strong magnetic anomalies that may represent mafic-ultramafic intrusions under cover.

Crystal Lake Mining has assembled a proven geological and geophysical team to unlock the full potential of its Nicobat project which is being targeted for high-grade nickel, copper, cobalt and precious metal mineralization.

The Rainy River district is situated between major translithospheric faults, and the mafic-ultramafic intrusions in this region are prospective for magmatic sulphide mineralization.

The Nicobat project is near Emo, Ont., approximately 35 kilometres east of the Rainy River gold mine.

New website

Crystal Lake Mining invites investors to check out the company’s new website.

Qualified person

The technical information in this news release has been reviewed and approved by Dr. Peter C. Lightfoot, PGeo, and Dr. Elisabeth Ronacher, who are both qualified persons responsible for the scientific and technical information in this news release under National Instrument 43-101 standards. Certain technical information in this news release has previously been disclosed by Crystal Lake Mining in its public disclosure record. Readers should refer to Crystal Lake Mining’s full public disclosure record on SEDAR.

About Crystal Lake Mining Corp.

Crystal Lake Mining is a Canadian-based junior exploration company focused on building shareholder value through new nickel-rich sulphide discoveries in the underexplored Rainy River district of Northern Ontario using technical excellence in exploration target development and technologies.

We seek Safe Harbor.

https://www.crystallakeminingcorp.com/news/