Canada One Completes Mobile Metal Ion (Mmi) Soil Geochemical Survey at Abitibi East Critical Minerals Project, Timmins, Ontario
CANADA ONE MINING CORP.
#250 – 750 West Pender St.
Vancouver, British Columbia, V6C 2T7
CANADA ONE COMPLETES MOBILE METAL ION (MMI) SOIL GEOCHEMICAL
SURVEY AT ABITIBI EAST CRITICAL MINERALS PROJECT, TIMMINS, ONTARIO
Vancouver, B.C., November 16, 2023 - Canada One Mining Corp. (“Canada One” or the
“Company”) (TSXV: CONE) is pleased to announce it has completed a Mobile Metal Ion
(MMI) soil geochemical survey over selected parts of its Abitibi East Critical Minerals Project
(the “ Project”, “ Property” or “ Abitibi East ”) located 60 kms east of Timmins, Ontario,
Canada.
The Property is located on the western end of the world-class Abitibi greenstone belt, central
to the Timmins Mining Camp (119 Moz Au and 337 Moz Ag historical production)1, the Kidd
Creek Volcanic Massive Sulphide (VMS) deposit (2.5 Mt Zn, Cu, Ag Proven and Probable)2,
and the Alexo-Dundonald nickel deposit (1,254 kt Ni, Cu, Co Indicated)3.
MMI Survey
Three areas of past exploration were chosen as locations for soil sampling (see Figure 1):
Area A in the northeast corner has been explored in the past for nickel mineralization.
Surficial materials in this area are generally clayey soils within dense boreal forest, recent
logging has provided access to the site.
Area B in the southwestern corner was previously drilled for VMS style mineralization. The
area is overlain by wet clay deposits with some bedrock exposure.
Area C, also previously drilled, was explored for copper mineralization, but returned
anomalous nickel values from ultramafic rocks.
The MMI survey work is considered cursory in many respects as MMI’s ability to detect
anomalous areas in the clayey and sandy soils needs to be tested. If MMI can identify metal
anomalies in the glacial soils in areas of known mineralization the use of MMI will be
expanded over much of the project area.
Next Steps
The MMI soil results will be reviewed when the samples results are received and if proven
to be a valuable tool in identifying mineralization will be used to fine tune detailed ground
Commented [FS1]: I don’t like these references here,
makes it too cluttered. What about footnotes
surveys in 2024. The Company has also conducted geophysical survey work which it is
currently reviewing.
Figure 1: Figure of the three MMI areas and historical drill collars located over the Total
Magnetic Intensity (TMI) map of Abitibi East Claim Group
Abitibi East Project Highlights
Poly-metallic critical mineral property with additional base and precious metal
potential
(Cu-Zn-Ag, Ni-Pt-Pd and Au)
Centrally located to the Timmins Gold Camp (Au), Alexo-DunDonald (Ni-Cu-Co)
operating Nickel Mine (20kms), and the Kidd Creek (Cu-Zn-Pb-Ag) operating
Copper mine (50kms)
Abitibi East Project covers 8050 Ha on the western end of the world-class Abitibi
greenstone belt
No modern exploration - since 1995
Historical sampling and assaying are incomplete or absent - modern multi-
element techniques are required for Project geochemistry
About Abitibi East
The Abitibi East Property is underlain by Archean volcanic and sedimentary rocks which are
intruded by gabbroic intrusives and (Matachewan) dolerite dykes. The Project is
prospectable for several different deposit model types that include: The Kambalda-type Ni-
Cu-(PGE) ore deposits; bimodal mafic-ultramafic volcanic massive sulfide (VMS) deposit;
and orogenic gold deposits hosted by shear zones.
The Project is located north of Iroquois Falls in an area that contains glaciofluvial and
glaciolacustrine deposits making traditional soil sampling difficult because the soils have
been transported by glaciers to their current locations.
MMI Technology
Mobile Metal Ion (MMI) geochemistry is a proven advanced geochemical exploration
technique known to find mineral deposits.
It is especially well suited for deeply buried mineral deposits. MMI measures metal ions that
travel upward from mineralization to unconsolidated surface materials such soil, till, sand
and so on. These mobile metal ions are released from mineralized material and travel
upward toward the surface. Using careful soil sampling strategies, sophisticated chemical
ligands and ultra-sensitive instrumentation, enabling the measurement of these ions. After
interpretation, MMI data can indicate anomalous areas.
There are many benefits to using MMI technology for soil geochemistry:
Few false anomalies
Focused, sharp anomalies
Excellent repeatability
Definition of metal zones and associations
Detection of deeply buried mineralization
Low background values (low noise)
Low limits of detection
References
1 digigeodata.com
2 miningdataonline.com
3 class1nickel.com
Qualified Person
The technical information contained in this news release has been reviewed and approved
by Freeman Smith, P.Geo., a Qualified Person for the purposes of National Instrument 43-
101.
Contact Us
For further information, interested parties are encouraged to visit the Company’s website at
www.canadaonemining.com, or contact the Company by email at [email protected], or by
phone at 1.877.844.4661.
On behalf of the Board of Directors of
CANADA ONE MINING CORP.
Peter Berdusco
President and Chief Executive Officer
1 877 844 4661
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