Churchill Starts 2022 Drilling at Taylor Brook, Reports 2021 Results
26 May 2022 - 9:30PM
Churchill Resources Inc. (“
Churchill” or the
“
Company”) (
TSXV: CRI) is pleased
to announce that Phase 2 drilling operations have commenced at the
Taylor Brook Nickel-Copper Project in Newfoundland, with a minimum
5,000m program planned. Initial 2022 drillholes will target
borehole EM conductors generated from the 2021 Phase 1 holes, of
which the highest priority plates appear to be along the western
footwall of the Layden Magmatic Intrusive in this area. Subsequent
holes along the Layden Extension will be targeted on Time Domain EM
conductors being generated by the 2022 surface large-loop survey in
progress.
Churchill has now received all analytical
results from the 2021 Phase 1 program at Taylor Brook which are
summarized below:
2021 Hole No. |
Dip |
Azimuth |
EoH (m) |
General Target Area |
Specific Target |
Assay Result |
Additional Comment |
TB21-01 |
-88 |
220 |
202 |
Layden Intrusive |
Flat-Lying VTEM Conductor |
no significant values ("nsv")* |
zones of weak breccia mineralization from 110m to 190m |
TB21-02 |
-45 |
225 |
202 |
Layden Intrusive |
Geology |
not sampled |
mainly in footwall gneisses after thin Layden gabbronorite |
TB21-03 |
-80 |
225 |
301 |
Layden Intrusive |
Flat-Lying VTEM Conductor |
nsv |
zones of weak breccia mineralization from 165m to 286m |
TB21-04 |
-45 |
220 |
160 |
Western Dyke |
Subvertical VTEM Conductor |
0.93% Ni, 0.04% Cu / 0.93m |
narrow mineralized gabbroic dyke from 111.12m to 112.05m |
TB21-05 |
-50 |
213 |
301 |
Western Dyke |
Subvertical VTEM Conductor |
0.57% Ni, 0.11% Cu / 2.22m |
narrow mineralized gabbroic dyke from 117.72m to 119.94m |
TB21-06 |
-46 |
197 |
199 |
Western Dyke |
Subvertical VTEM Conductor |
0.60% Ni, 0.13% Cu / 0.96m |
narrow mineralized gabbroic dyke from 117.29m to 118.25m |
TB21-07 |
-45 |
244 |
145 |
Western Dyke |
Subvertical VTEM Conductor |
1.26% Ni, 0.11% Cu / 1.05m |
narrow mineralized gabbroic dyke from 50.03m to 51.08m |
TB21-08 |
-50 |
105 |
82 |
Layden Intrusive |
Layden Showing |
not sampled |
barren Layden gabbronorite intersected |
TB21-09 |
-72 |
58 |
131 |
Layden Intrusive |
Flat-Lying VTEM Conductor |
nsv |
zones of very weak breccia mineralization from 5m to 124m |
TB21-10 |
-45 |
45 |
201 |
Layden Intrusive |
Geology |
nsv |
zones of weak breccia mineralization from 130.6m to 133.6m |
TB21-11 |
-50 |
181 |
151 |
Layden Intrusive |
Geology |
nsv |
zones of weak breccia mineralization from 5.8m to 50.6m |
TB21-12 |
-80 |
180 |
158 |
Layden Intrusive |
Geology |
nsv |
zones of weak breccia mineralization from 143.7m to 158m |
TB21-13 |
-53 |
360 |
247 |
Layden Intrusive |
Geology |
nsv |
zones of weak breccia mineralization from 38m to 247m |
* |
CRI defines nsv as
<0.20% Ni, <0.20% Cu, <0.01% Co |
|
|
Historical
Holes |
|
|
|
|
|
|
08TB-09 |
-50 |
50 |
197 |
Western Dyke |
Subvertical EM Conductor |
1.71%Ni, 0.13% Cu, 0.03% Co / 4.15m |
narrow mineralized gabbroic dyke from 42m to 46.15m |
08TB-10 |
-70 |
50 |
149 |
Western Dyke |
Subvertical EM Conductor |
1.35% Ni, 0.32% Cu, 0.02% Co / 1.45m |
narrow mineralized gabbroic dyke from 95.95m to 97.4m |
08TB-14 |
-50 |
40 |
213.7 |
Layden Intrusive |
Upper Layden Conductor |
0.34% Ni, 0.14% Cu / 1.0m |
mineralized Layden gabbronorite from 132.75m to 133.75m |
08TB-17 |
-90 |
0 |
10.6 |
Layden Intrusive |
Layden Showing |
1.63% Ni, 0.36% Cu, 0.03% Co / 4.15m |
Vertical hole into Layden Showing breccia outcrop |
The Churchill geological team is encouraged by
the values intersected on the Western Dyke feature, and are
planning an early 2022 hole into a newly identified borehole EM
conductor there, with the hopes of finding thicker mineralized
material with more tonnage potential than what has been drilled
thus far. The Western Dyke has been intersected by four holes
drilled by the Company and historical holes 08TB09 and 08TB-10,
over a strike length of ~150m. The mineralized dyke is believed to
be related to the nearby Layden Intrusive, and age-dating,
geochemistry and petrography are in progress to better understand
this aspect of the nickel mineralization event.
The holes into the Layden Intrusive drilled in
2021 did not intersect high-grade mineralization, however there are
encouraging geological and geochemical trends within the extensive
zones of weaker nickel-copper breccia mineralization that are
providing information as to the priority mineralized pulses. The
2021 holes were primarily drilled to better understand the shape,
size and internal geology of the newly recognized Layden Intrusive
and as platforms for borehole EM surveys. Several BHEM conductor
plates were identified from this work in the area of the high-grade
Layden Showing and historical hole 08TB-17, and will be drilled
with some of the first holes of 2022. As well the BHEM report
recommended extending several holes before resurveying, and that
work has commenced.
The 2022 program at Taylor Brook is actively
following up the ~10km Layden trend with detailed helicopter
magnetic surveying, large loop surface EM surveys, and, expected in
Q2 2022, systematic prospecting and geochemical surveys.
Helicopter and vehicle stream sediment sampling
is also underway at the nearby Cormack Property with over 100
samples collected to date.
The technical and scientific information in this
news release has been reviewed and approved by Paul Sobie, P.Geo.,
CEO, who is a “qualified person” as defined under National
Instrument 43-101 – Standards of Disclosure for Mineral
Projects.
About Churchill Resources Inc.
Churchill is managed by career mining industry
professionals and currently holds four exploration projects, namely
Taylor Brook in Newfoundland, Florence Lake in Labrador, Pelly Bay
in Nunavut and White River in Ontario. All projects are at the
evaluation stage, with known mineralized Nickel-Copper-Cobalt
showings at Taylor Brook, Florence Lake and Pelly Bay, and
significantly diamondiferous kimberlitic intrusives at White River
and Pelly Bay. The primary focus of Churchill is on the continued
exploration and development of the Taylor Brook and Florence Lake
Nickel Projects.
Further Information |
|
|
For further information regarding Churchill, please contact: |
|
|
Churchill Resources Inc. |
Paul Sobie, Chief Executive Officer |
Tel. |
+1 416.365.0930 (o) |
|
+1 647.988.0930 (m) |
Email |
psobie@churchillresources.com |
|
|
Alec Rowlands, Corporate Consultant |
Tel. |
+1 416.721.4732 (m) |
Email |
arowlands@churchillresources.com |
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