FPX Nickel drill results expand nickel mineralization

Van Target Plan Map with Drillhole Collar Locations, Outcrop Samples and Mineralized Footprint (Photo: CNW Group/FPX Nickel Corp.)

VANCOUVER — FPX Nickel Corp. has shared drill results that confirm the lateral extension of the new nickel discovery at the Van Target in the company’s Decar Nickel District in central British Columbia.

These drill results expand nickel mineralization approximately one km to the west of previous drilling, bringing the mineralized footprint at Van to approximately two km in strike length by one km in width. Based on the first two drilling campaigns completed to-date, the scale of nickel mineralization at Van is trending toward being comparable to the Baptiste Deposit, which has a strike length of approximately three km with an average width of approximately one km.

“On the basis of the first two modestly-sized drill campaigns, the Van discovery has quickly achieved an extensive footprint of broad and higher-grade near-surface nickel mineralization, confirming the potential of the Decar Nickel District to host multiple large-scale deposits,” said Martin Turenne, President and CEO. “Van remains open for expansion in multiple directions, most favourably to the south, southwest, and west, where the encouraging trend of higher-grade nickel in outcrop and drill results to-date suggest the potential for a significant extension of the already sizeable 2 km2 mineralized footprint.

“While FPX is primarily focused the completion of a Baptiste preliminary feasibility study in the third quarter of 2023, we look forward to future drilling at Van to confirm our hypothesis that Van could ultimately host a significant near-surface nickel resource to complement the neighbouring Baptiste deposit,” continued Turenne.