William Lake, Manitoba
- The William Lake property consists of 142 claims and one Exploration License totaling 38180 hectares. (35 claims within Tower Property under option to Rockcliffe Resources)
- Covers the Thompson Nickel Belt extension under the Paleozoic cover.
- Exploration work conducted by Falconbridge between 1988 and 2002.
- In the Trend Area, at least eleven large ultramafic bodies and numerous smaller bodies have been discovered near the west and south margins of the interpreted "William Lake Dome" along a regional strike distance of 15 km.
- The Cu-Zn-Au rich Tower Zone represents the largest continuous sheet of mineralization discovered on the William Lake Project to date.
November 20, 2007 N.I.43-101
Technical Report on the William Lake Property, Grand Rapids, MB (PDF download, 4057 KB
2008 Winter Drilling Update
This winter the program encompassed an integrated exploration project that included diamond drilling and an 1159km VTEM airborne geophysical survey that identified numerous weak to highly conductive zones some of which were drilled.
The surface drill program was completed on April 8th with a total of 7525.59 meters in 15 holes completed on budget. The drilling was completed on five zones within the 15 km William Lake trend. This winters program was testing nickel bearing horizons identified by the historical drilling (see 43-101 William Lake Technical Report). In view of the previous wide spaced drilling (up to 250 meters apart) one of the main objectives of the program was to establish the continuity of the known mineralization to provide confidence to work towards a mineral estimation for a 43-101 compliant resource on one or more sections. Testing for the continuity of mineralization included drilling above, below and on strike of the known zones at 50 to 100 m step outs. In addition, new zones identified by the VTEM survey, as well as previously identified nickel bearing horizons with little previous drilling and/or poor understanding of the mineralization, were also explored.
This release details the assay results from the first 7 holes with an additional 8 holes to follow. Drilling results to date indicate significant nickel mineralization is found in 2 of the 3 zones targeted with results pending on an additional 3 zones. Highlights of the initial results include:
- Hole 350 returned 5.15 m of 0.84% Ni, including 1.3 m of 2.11% Ni
- Hole 351 returned 0.5 m of 1.11% Ni
- Hole 354 returned 17.16 m of 0.51% Ni, 5.65 m of 1.02% Ni
- Hole 355 returned 25.37 m of 0.44% Ni, 2.74 m of 1.68%, 1 m of 3.43% Ni
- Hole 357 returned 9.1 m of 0.89% Ni, including a 3 m section of 1.0% Ni
This program has demonstrated that the William Lake trend is a prolific nickel bearing property with continuity of mineralization.
Additional assay results are pending on 8 holes including 2 holes in one zone that intersected greater than 20 metres of massive sulphides in each. The 2 holes are 75 meters apart in a zone that has historically reported results (see 43-101 William Lake Technical Report) ranging from 1.44% Ni over 0.57 meters to 3.44% Ni over 2.10 meters. These are the thickest massive sulphide intersections encountered in the 2007-08 drill program and assay results are pending.
Additional analyses are to include PGE (platinum group elements) analyses on existing analyzed samples that return > 0.5% Ni or Cu because historical analyses on the William Lake trend returned 9.3g/t Pt, 11.0g/t Pd, 2.1g/t Rh, 2.9g/t Ir and 10.4 g/t Ru (U of T results 43-101 William Lake Technical Report) from a composite sample from one of the zones.
William Lake Property Position
Winter 2007/08 Drill Sites
Detailed drill results on the first 7 holes are tabulated below. Intersection length provided is meterage measured down hole.
|
Drill Hole
|
From
(meters)
|
To
(meters)
|
Core Length
(meters)
|
Core Length
(feet)
|
Nickel
%
|
|
|
|
WL08-PNI-350
|
543.95
|
546.37
|
2.42
|
7.94
|
0.55
|
|
and
|
550.37
|
552.94
|
2.57
|
8.43
|
0.64
|
|
and
|
600.70
|
605.85
|
5.15
|
16.90
|
0.84
|
|
Including
|
604.55
|
605.85
|
1.3
|
4.27
|
2.11
|
|
and
|
611.85
|
615.35
|
3.5
|
11.48
|
0.50
|
|
|
|
WL08-PNI-351
|
347.34
|
347.84
|
0.5
|
1.64
|
1.11
|
|
|
| WL08-PNI-352 |
No significant values |
| |
|
| WL08-PNI-353 |
Drill hole did not reach target |
| |
| WL08-PNI-354 |
459.29
|
471.29
|
12
|
39.37
|
0.32
|
|
and
|
542.71
|
561.67
|
18.86
|
61.88
|
0.38
|
|
Including
|
542.71
|
551.97
|
9.28
|
30.45
|
0.47
|
|
and
|
569.82
|
583.82
|
14
|
45.93
|
0.50
|
|
Including
|
569.82
|
573.82
|
4
|
13.12
|
0.79
|
|
and
|
592.60
|
596.19
|
3.59
|
11.78
|
0.65
|
|
and
|
605.04
|
608.35
|
3.31
|
10.86
|
0.66
|
|
and
|
619.06
|
636.22
|
17.16
|
56.30
|
0.51
|
|
Including
|
631.06
|
636.22
|
5.16
|
16.93
|
0.70
|
|
and
|
651.36
|
662.42
|
11.06
|
36.29
|
0.57
|
|
and
|
659.36
|
662.42
|
3.06
|
10.04
|
0.93
|
|
and
|
705.85
|
713.50
|
7.65
|
25.10
|
0.89
|
|
Including
|
707.85
|
713.50
|
5.65
|
18.54
|
1.02
|
|
|
| WL08-PNI-355 |
387.00
|
391.00
|
4
|
13.12
|
0.85
|
|
and
|
413.00
|
417.00
|
4
|
13.12
|
0.63
|
|
and
|
439.65
|
443.00
|
3.35
|
10.99
|
0.62
|
|
and
|
441.00
|
466.37
|
25.37
|
83.23
|
0.44
|
|
Including
|
457.00
|
459.00
|
2
|
6.56
|
1.00
|
|
and
|
490.00
|
495.64
|
5.64
|
18.50
|
0.74
|
|
and
|
594.86
|
597.60
|
2.74
|
8.99
|
1.68
|
|
Including
|
594.86
|
595.86
|
1
|
3.28
|
3.43
|
|
and
|
599.31
|
599.81
|
0.5
|
1.64
|
1.18
|
|
|
| WL08-PNI-357 |
391.48
|
400.58
|
9.1
|
29.86
|
0.89
|
|
Including
|
395.58
|
398.58
|
3
|
9.84
|
1.00
|
|
and
|
477.75
|
481.75
|
4
|
13.12
|
0.53
|
|
|
|
WL08-PNI-358
|
201.93
|
380.95
|
179.02
|
587.33
|
0.21
|
|
|
|
WL08-PNI-359
|
146
|
317.8
|
171.8
|
563.64
|
0.45
|
|
Including
|
150.4
|
155
|
4.96
|
16.27
|
0.72
|
|
Including
|
166.44
|
170.44
|
4
|
13.12
|
0.66
|
|
Including
|
197.1
|
317.8
|
120.7
|
395.99
|
0.50
|
|
Including
|
229.59
|
242.44
|
12.85
|
42.16
|
0.66
|
|
Including
|
303.8
|
317.8
|
14
|
45.93
|
0.67
|
|
and
|
321.8
|
467.8
|
146
|
479.00
|
0.29
|
|
|
| WL08-PNI-360 |
Failed to reach target |
|
|
|
WL08-PNI-360B
|
402.37
|
410.57
|
8.2
|
26.90
|
0.86
|
|
Including
|
402.37
|
404.6
|
2.23
|
7.32
|
1.09
|
|
and
|
414.27
|
426.42
|
12.15
|
39.86
|
0.91
|
|
Including
|
414.27
|
421.65
|
7.38
|
24.21
|
1.12
|
|
Including
|
418.11
|
421.11
|
3
|
9.84
|
1.45
|
|
Including
|
423.78
|
426.42
|
2.64
|
8.66
|
1.05
|
|
|
| WL08-PNI-361 |
No significant values |
|
|
|
WL08-PNI-362
|
175.12
|
186.74
|
11.62
|
38.12
|
0.22
|
|
and
|
189.52
|
229.13
|
39.61
|
129.95
|
0.21
|
|
and
|
229.72
|
260.33
|
30.61
|
100.43
|
0.20
|
|
and
|
262.75
|
366.99
|
104.25
|
342.02
|
0.19
|
|
|
|
WL08-PNI-363
|
253.31
|
264.24
|
10.93
|
35.86
|
0.27
|
|
and
|
292.67
|
302.67
|
10
|
32.81
|
0.21
|
|
and
|
310.75
|
316.64
|
5.89
|
19.32
|
0.35
|
|
and
|
354.06
|
360.6
|
6.54
|
21.46
|
0.22
|
|
and
|
363.6
|
372.09
|
8.49
|
27.85
|
0.40
|
|
and
|
374.09
|
377.35
|
3.26
|
10.70
|
0.23
|
|
