Metal Energy (MERG) has detailed its upcoming drill program on the Manibridge Project in Manitoba.
Manibridge encompasses 4,368 hectares within the world-class Thompson Nickel Belt. The high-grade project incorporates a past-producing mine that yielded 1.3M tonnes at 2.55-per-cent nickel and 0.27-per-cent copper between 1971 and 1977.
The company intends to drill for 3,000 m over 7 drill holes all within a 1 km strike of the past-producing mine.
Field preparations begin early next week with phase 1 drilling scheduled for March.
A heli-borne mobile magnetotellurics geophysical survey will cover the project in May.
CanAlaska Uranium is operating the project with Metal Energy earning into it and eligible to become the operator after phase 1 drilling.
“Drilling at Manibridge remains our top priority as our internal projections for the project suggest it has the potential to yield a bulk mineable resource,” stated James Sykes, CEO of Metal Energy. “Our first drill program for Manibridge is scheduled to start within the next 3 to 4 weeks.”
“Drill targets have been planned to assess historic high-grade nickel drill intercepts beneath the old mine workings and along strike of the past-producing mine, as well as targeting areas within the mine’s shadow that remain untested,” he added.
Metal Energy is a nickel and battery metal exploration company with projects in Manitoba and Ontario.
Metal Energy (MERG) is up by 3.45 per cent trading at $0.15 per share as of 11:42 am EST.