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Mink Ventures Corp. ( (TSE:MINK) ) has issued an update.
Mink Ventures has completed a 549-meter vertical drill hole at its Montcalm nickel-copper-cobalt project near Timmins, targeting a deep 3D Borehole Induced Polarization anomaly supported by airborne VTEM, gravity and magnetic data. The hole intersected the target at about 500 meters depth but was partially obscured by a diabase dyke, leaving much of the large conductive zone unexplained and preserving its potential as a significant deep Ni-Cu-Co target.
The company plans a follow-up wedge drill hole from the existing pilot hole, potentially aided by additional downhole geophysics to better define the target before drilling. Mink also wrapped up an eight-hole drill program at its Warren project in February to test the A Zone and D Zone nickel-copper-cobalt occurrences, with assay results pending, signaling an active exploration phase across both of its Ontario critical-mineral properties.
More about Mink Ventures Corp.
Mink Ventures Corporation is a Canadian mineral exploration company focused on critical minerals, specifically nickel, copper and cobalt, at its Warren and Montcalm projects near Timmins, Ontario. The Montcalm project spans 100 square kilometers adjacent to Glencore’s former Montcalm Mine, while the 1,130-hectare Warren project lies 35 kilometers away, both offering road access, power and proximity to the Timmins Mining Camp.
Average Trading Volume: 52,677
Technical Sentiment Signal: Hold
Current Market Cap: C$3.86M
Learn more about MINK stock on TipRanks’ Stock Analysis page.