CaNickel Intercepts 9.98 Metres of 2.35% Nickel

CaNickel Mining Limited(TSX:CML) reports the drilling results from the 2011 winter drilling program at the M11A area, a deposit in Manitoba.

The press release is quoted as saying,

A total of 5,202 meters in 12 diamond drill holes was completed, of which 11 holes reached their planned depth with 1,548 samples assayed while one hole was abandoned. This successful winter drilling program demonstrates that the M11A North Deposit can be extended at depth, to the northeast and southwest tying the deposit to mineralization intersected in drill hole M09-17 with several intervals of potentially mineable widths and grades. M11-08 with 14.25 metres grading 1.60% nickel and M11-07 with 14.85 metres grading 1.19% nickel and another intersection of 6.40 metres grading 1.80% nickel has extended the deposit to the northeast. The previously discovered high grade mineralization in M08-03 and M09-12 has been extended further at depth by M11-01 with an intersection of 9.98 metres grading 2.35% nickel.

For the complete press release, click here.