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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Nickel Rock Resources Inc | TSXV:NICL | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.06 | 0.055 | 0.06 | 0 | 01:00:00 |
VANCOUVER, BC, April 26, 2021 /CNW/ -- Nickel Rock Resources Inc. ("the Company") (TSX-V: NICL), (OTCQB: NICKLF) is pleased to announce that an exploration program with a budget proposal totaling $600,000 has been awarded to Hardline Exploration (https://www.hardlineexploration.com/). Hardline, headquartered in Smithers, BC, was founded in 2014, and is a local consulting firm for the Golden Triangle and western Canada. Hardline work directly with local contractors and First Nations to ensure their projects receives the most efficient & dedicated exploration services available. They specialize in executing programs on complex exploration projects to generate new discoveries and have a proven track record of successful projects incorporating highly skilled geologists and team members with vast experience across Canada on a variety of deposit types. Please refer to the Technical Report for The Nickel Project, dated January 21, 2021, prepared by Jacques Houle, P. Eng. and Jeremy Hanson, P.Geo. (filed on SEDAR and on our website at:
https://3xk9ce3437wd1rjqcn12zzpm-wpengine.netdna-ssl.com/wp-content/uploads/2021/02/Technical-Report-for-the-Nickel-Project-final-signed.pdf
About the Project
2021 Work Program
The proposed work program consists of trenching, surface exploration diamond drilling, camp construction, and exploration activities to support drilling and trenching such as soil sampling, rock sampling, prospecting, and geological mapping. The company proposes a 12-man camp to be built in a cirque on the north slope of the un-named mountain west of and adjacent to Mount Sydney Williams and will be built next to a sub-alpine lake at the headwaters of Van Decar Creek. The location of camp was selected based on past exploration camps at this location and is suitable for exploration support. Camp will be used to accommodate field personnel and will be accessed with helicopter.
Clayton Valley Project, Silver Peak, Nevada
The Company is exploring for lithium clays and brines within its project area of 118 claims covering over 930 hectares (2,300 acres). The property stretches in a northwest direction from the evaporation ponds of Albemarle Corporation NYSE: ALB. It has been widely reported that Albemarle is planning to double its lithium production by 2025 by committing between US$30 million and US$50 million in additional investment on the property. In 2021, Albemarle plans to commence exploration of clay and evaluate technology that could accelerate the viability of lithium production from clay resources in the region.
Qualified Person
Jacques Houle, P.Eng., a qualified person as defined by NI 43 - 101, is responsible for the technical information contained in this release. Readers are cautioned that the information in this press release regarding the property of FPX Nickel Corp is not necessarily indicative of the mineralization on the property of interest.
About Nickel Rock Resources Inc.
The Company is a Canadian-based mineral exploration company active in the exploration for nickel-iron alloy in British Columbia and lithium in Nevada. Nickel Rock Resources Inc. is a Canadian based exploration company whose primary listing is on the TSX Venture Exchange. The Company's maintains a focus on exploration for high value battery metals required for the electric vehicle (EV) market. (http://www.nickelrockresources.com/)
On Behalf of the Board of Directors
"Robert Setter"
Robert Setter, President & CEO
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements which include, but are not limited to, comments that involve future events and conditions, which are subject to various risks and uncertainties. Except for statements of historical facts, comments that address resource potential, upcoming work programs, geological interpretations, receipt and security of mineral property titles, availability of funds, and others are forward-looking. Forward-looking statements are not guarantees of future performance and actual results may vary materially from those statements. General business conditions are factors that could cause actual results to vary materially from forward-looking statements.
Contact:
Nickel Rock Resources Inc.
604- 428-5690
www.nickelrockresources.com
info@nickelrockresources.com
View original content:http://www.prnewswire.com/news-releases/nickel-rock-awards-contract-for-2021-exploration-and-drilling-program-on-the-nickel-project-next-to-the-decar-project-of-fpx-nickel-corp-301276672.html
SOURCE Nickel Rock Resources Inc.
Copyright 2021 Canada NewsWire
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