Warren Patents Compilation Map<\/figcaption><\/figure>\nThe Warren Project<\/h3>\n MINK\u2019s work on the Warren Project to date has focused on the Warren Patents, where the company has the right to earn a 100% interest in the project by completing certain work commitment expenditures by March 2025. The Warren Patents host numerous historical occurrences of nickel, copper, and cobalt associated with coincident geophysical responses.<\/p>\n
Upon completion of a review of all historical data available, a cursory preliminary prospecting programme in the summer of 2023 confirmed the presence of massive sulphide mineralisation with significant copper and nickel mineralisation in the \u2018A\u2019 Zone. This work allowed the \u2018A\u2019 Zone to be selected as a high-priority drill target. In early 2024, a six-hole (507m.) drill programme was completed on the \u2018A\u2019 Zone.<\/p>\n
Wide zones of low-grade mineralisation were intersected in all holes along with a higher grade intercept of 0.48% Ni, 0.17% Cu and 0.07% Co over 0.9m within semi-massive sulphide typical of that found in the \u2018A\u2019 zone surface trenches.<\/p>\n
A substantial prospecting programme is currently underway to prioritise numerous historical nickel, copper, and cobalt occurrences for a second round of drilling. This recent work has now connected the dots between five separate nickel-copper cobalt showings over a 1.5km strike length that is supported by numerous geophysical surveys which help pinpoint conductive and magnetic anomalies.<\/p>\n
These are coincident with significant surface mineralisation, confirming the geophysical response. Now, the plot thickens, and the team will prioritise where along the 1.5km strike offers the best chance for discovery in the upcoming drill programme.<\/p>\n
The company expects to begin drilling towards the end of the summer when the forest fire risks are lower and when the results from the summer programme have been compiled into the database. The company has raised funds to complete the programme, which will also enable it to meet its requirements to earn its 100% interest.<\/p>\n
No exploration permits are required for future work on the property as patented mining claims do not require permits, and no assessment work is required to maintain patented lands in good standing. There are now sufficient assessment credits on the patented claims, which can be distributed to maintain its other adjacent lands (Warren E, Warren NE) in good standing beyond the year 2027.<\/p>\n
Montcalm project<\/h3>\n The company\u2019s Montcalm project is located 35km away from its Warren project and is adjacent to Glencore\u2019s Montcalm Mine. Limited exploration was done at the mine while in operation, so it has only been drilled down to 450m vertically. Gabbro hosted nickel deposits typically host multiple shoots.<\/p>\n
A good analogy is the Lynn Lake A mine in Manitoba, which hosted about 28 million tonnes of nickel copper cobalt mineralisation within 15 ore shoots in the gabbro host. Only three have been located so far at Montcalm.<\/p>\n
Still, the fact that a producing mine was developed from those confirms the high-grade system is pregnant, and there is a significant opportunity for additional discoveries to be made at the former mine and on MINK\u2019s adjoining property. MINK controls 10km of the 15km gabbro unit hosting the Montcalm Mine.\u00a0 Since the 1970s, only 44 generally shallow holes have been completed across MINK\u2019s 40km\u00b2.<\/p>\nNorth Zone exposure and sampling<\/figcaption><\/figure>\nAt Montcalm, MINK employed a different target development approach than previous operators. Mink utilised a state-of-the-art bore hole induced polarisation (IP) survey along with conventional surface IP to target areas with strong magnetic responses.<\/p>\n
The justification for this type of approach was the presence of known disseminated copper-nickel sulphide mineralisation on the Montcalm Mine property with a strong magnetic anomaly and no electromagnetic (EM) conductor.<\/p>\n
IP surveys have the capability to detect both disseminated mineralisation and\/or more massive zones of conductive mineralisation, which are typically seen by EM. The surface IP survey work detected a multitude of new targets associated with strong magnetic responses, and the borehole IP also detected a deep-seated, previously undetected conductive zone at approximately 500m below the surface, also associated with a strong magnetic response.<\/p>\n
Very limited drill testing of targets demonstrated the presence of disseminated sulphide mineralisation, which demonstrated the effectiveness of this target development approach. Although no economic sulphide mineralisation was detected in the limited drilling conducted by MINK, numerous high-priority targets remain to be drill tested.<\/p>\n
At this time, MINK has earned its 80% interest in the project, and its substantial assessment work, along with banked assessment credits, will allow the corporation to hold the property well into 2028. The property is fully permitted for exploration into the year 2025.<\/p>\n
MINK is in an enviable position to many of its peers, with its tight capital structure, funded programme to complete the earn-in option at Warren, banked assessment credits to hold its two projects in good standing for several years and two exceptional, polymetallic, critical minerals\u2019 exploration projects with significant discovery potential. MINK sits at a perfect entry point along \u2018The Lassonde Curve\u2019 for those investors who understand the benefit of participating at an early stage and who can patiently appreciate high-risk high-reward opportunities.<\/p>\n
Please note, this article will also appear in the 19th edition of our\u00a0quarterly publication<\/a>.<\/strong><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"Mink Ventures is well-positioned with a strong capital structure and two exceptional nickel, cobalt, and copper projects in Ontario.<\/p>\n","protected":false},"author":22,"featured_media":49772,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[24502],"tags":[529,24532,24529,24454,24604],"acf":[],"yoast_head":"\n
Warren and Montcalm: Exploring mineral-rich projects in Ontario<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n \n \n \n \n \n\t \n\t \n\t \n