Nickel-gold-copper explorer with assets in Quebec, Canada, Mont Royal Resources Limited is pleased to announce that the Azimut exploration team has returned to the field at the Wapatik Project in Quebec's Eeyou Istchee James Bay region to conduct a third round of drilling along with a targeted prospecting operation.
The follow up program will include a prospecting program and 1,100 metres of drilling on recently identified Gold and Nickel prospects. Pulse-EM borehole surveys will be undertaken to broaden the search radius for each drill hole and to offer essential information about the conductor orientation.
Phase 2 drilling returned the following results:
WAP22-009: 1.16% Ni, 3.85% Cu over 0.8 m (from 152.0 m to 152.8 m)
WAP22-007: 0.29% Ni, 0.25% Cu over 18.0 m (from 129.0 m to 147.0 m)
WAP22-010: 0.27% Ni, 0.41% Cu over 15.75 m (from 60.0 m to 75.75 m)
WAP22-008: 0.33% Ni, 0.35% Cu over 1.1 m (from 116.9 m to 118.0 m), and
0.34% Ni, 0.43% Cu over 1.71 m (from 129.54 m to 131.25 m)
WAP22-011: 0.27% Ni, 0.27% Cu over 3.0 m (from 11.1 m to 14.1 m)
Mont Royal's Executive Director, Peter Ruse said:
"We are pleased to be returning to the Wapatik Project this Autumn/Fall season to advance the exploration program. After considerable analysis from the technical team at Azimut – the Project requires more drilling to unlock the potential of this Ni-Cu ultramafic intrusion. Mont Royal's highly encouraging gold results from past glacial sediment (till) sampling program supports the newly defined prospecting program. This phase of work is taking advantage of the fair-weather conditions before the winter season sets in. Mont Royal is excited to commence this next phase of the exploration program that has the potential to unlock significant value for shareholders."
About us:
About Mont Royal
Mont Royal Resources Limited (ASX: MRZ) is an Australian company that pursues various mining opportunities in the resources sector, with the aim of building shareholder value by acquiring, exploring, evaluating and exploiting mineral resource project opportunities. Mont Royal has a binding JV option agreement with Azimut to earn up to 70% of the Wapatik gold-copper-nickel project. Mont Royal has also acquired 75% of Northern Lights Minerals' 536-km2 package in the Upper Eastmain greenstone belt. The projects are prospective for precious (gold, silver) and base metals (copper, nickel) in the James Bay area, a tier-1 mining jurisdiction in Quebec, Canada.
