공지 • Jul 10
Class 1 Nickel Commences 2025 Exploration Program at the River Valley PGE-Cu-Ni Project, Ontario, Canada
Class 1 Nickel and Technologies Limited announced the launch of its 2025 summer exploration program on its 100%-owned River Valley PGE-Cu-Ni Project (the “RV Project” or the “Property”), located about 65 kilometres northeast of the City of Sudbury, Ontario, Canada. The RV Project covers approximately 2,916 ha, within which lies several kilometres of prospective geology and known PGE-bearing sulphide mineralization categorized as Contact-Style PGE-Cu-Ni and hosted by the River Valley Intrusion (“RVI”). The RV Project is immediately south of the advanced River Valley Palladium Project being developed by New Age Metals Inc. The 2025 field exploration program is focusing on geological mapping and sampling, ground-truthing of targets from the recently completed 254 line-km helicopter-borne VTEM™ Plus time-domain electromagnetic and horizontal magnetic-gradiometric survey (Class 1 news release 27 May 2025), and the detailed examination of known sulphide occurrences on the Property. Results from the exploration program will be reported on as they become available. Geophysical surveys are not definitive and do not carry any guarantee of a mineral discovery and that in addition to conductive sulphide mineralization, bedrock conductors can also be caused by graphite, conductive structures, and barren sulphides. Results from neighboring properties do not necessarily reflect those that exist within Class 1 Nickel’s RV Project. The RV Project, covering known Contact-Style PGE-Cu-Ni sulphide mineralization (Crerar PGE Trend) in the southern part of the intrusion provides PGE-focused exploration upside to the Company’s portfolio as well as exposure to critical minerals, PGE, copper, and nickel. The RV Project is underlain by gabbroic to anorthositic rocks of the Paleoproterozoic RVI with a focus on targeting the productive Marginal and Inclusion-Bearing zones. Outline of the RV Project mining claims (red boundary) that define the River Valley PGE Project and the area surveyed (blue boundary) using Geotech’s VTEM™ Plus airborne system (base geology from OGS, 2011: Ontario Geological Survey. 1:250 000 scale Bedrock Geology of Ontario; Miscellaneous Release–Data 126 – Rev.1). VTEM™conductor anomalies were first identified based on conductance and subsequently reviewed for possible cultural interference in Google Earth images. These filtered anomalies were then prioritized (the “Targets”) and integrated with other data and information, including total magnetic intensity (TMI), magnetic first vertical derivative (1VD), magnetic tilt angle derivative (TDR), property geology, known sulphide mineral occurrences and trends, and known historical drilling compiled from assessment reports and the Ontario Drill Hole Database (ODHD). Generalized geology from the southeastern River Valley Intrusion (OGS, 2011), showing the River Valley PGE Property boundary and the location of known sulphide mineralization, PGE-sulphide trends such as the Crerar PGE Trend, and historical drill hole collars. Electromagnetic picks, known mineralized trends, and potentially new areas of sulphide mineralization. These and other very positive results from the Survey will form the subject of this summer’s exploration program that will include geophysical ground-truthing, mapping and sampling, geophysical surveys, and trenching. Magnetic Tilt Angle Derivative overlain on the generalized geology from the southeastern River Valley Intrusion (OGS, 2011), showing the location of the River Valley PGE Property boundary, location of known sulphide mineralization, PGE-sulphide trends such as the Crerar PGE Trend, historical drill hole collars, and geophysical (EM and structural) picks. The Geophysical Structural Picks represent some of the new trends that will be ground-truthed during this summer’s field program.