Giga Metals Releases Drill Results From 2018 Program
January 30, 2019 TSX.V - GIGA
Giga Metals Releases Drill Results From 2018 Program
(Vancouver) – Mark Jarvis, CEO of Giga Metals Corp. (TSX.V – GIGA) today announced analytical results
from 38 of 40 holes drilled in 2018 on the Company’s Turnagain Nickel/Cobalt Project. The Company is
still awaiting assay results from one infill hole and one metallurgical infill hole, and these results will be
announced when received.
As reported October 30, 2018, the 2018 work program included:
- Thirteen metallurgical infill holes totaling 3,073.0 metres within the Horsetrail and Northwest
zones of the Turnagain deposit.
- Twenty-three infill holes totaling 5,866.9 metres sited between the Horsetrail and Northwest
zones of the Turnagain deposit.
- Two exploration holes totaling 1,119.8 metres in the platinum-enriched Attic Zone.
- Two exploration holes totaling 775.1 metres in the MAG zone roughly 5.6 kilometres
northwest of the Horsetrail zone.
“The analytical results reported here further demonstrate the remarkable continuity of mineralization in the
Horsetrail and Northwest zones ,” said Mr. Jarvis. “We expect the results to allow for the conversion of
significant tonnes from the Inferred resource category quoted in our December, 2011 PEA to the Indicated
category. The metallurgical infill holes within the proposed starter pits are expected to move some Indicated
resources to the Measured category . Additionally, the Company now has at its disposal several tonnes of
fresh new sample, representative of run-of-mine material, for metallurgical testing.”
Technical Information
This release provides analytical results from 38 of 40 holes from the 2018 drill program and the Turnagain
Project. The drill program, conducted with two skid -mounted drill rigs and one heli copter-supported drill
rig, commenced on July 14, 2018 and ended October 6, 2018.
Metallurgical Infill Program
The infill drilling program was conducted with two skid-mounted drill rigs in the Horsetrail and Northwest
zones. Although these drill holes provide va luable additional geological and resource modeling
information, their primary purpose was to collect material of appropriate characteristics for future
metallurgical testing. Drill core samples from this program were one-quarter NQ core.
2
#203-700 West Pender Street, Vancouver, BC, V6C 1G8
Tel: 604 681 2300
Table 1: Drill intercepts from the metallurgical infill program1:
Hole Zone From
(m)
To
(m)
Interval
(m)
Ni
(%)
Co
(%)
Pd
(ppb)
Pt
(ppb)
DDH18-293 HT
including
8.00
73.47
196.60 (EOH)
114.00
188.60
40.53
0.270
0.470
0.016
0.023
24
50
18
39
DDH18-294 HT 6.00
48.00
197.51 (EOH)
134.00
191.51
86.00
0.374
0.490
0.022
0.027
69
92
51
66
DDH18-295 HT 52.00 236.83 (OEH) 184.83 0.320 0.018 35 31
DDH18-296 HT
including
8.00
44.00
188.67 (EOH)
152.00
180.67
108.00
0.344
0.392
0.021
0.022
28
33
20
24
DDH18-297 HT
including
and
8.00
5.79
124.00
185.62 (EOH)
63.20
185.62
177.62
57.41
61.62
0.339
0.322
0.450
0.017
0.017
0.016
43
44
67
38
41
59
DDH18-298 HT 8.00 252.07 (EOH) 244.07 0.226 0.015 15 13
DDH18-299 HT 8.00 322.78 (EOH) 314.78 0.214 0.016 17 13
DDH18-300 HT
including
and
10.00
32.00
120.00
160.63 (EOH)
67.56
160.63
150.63
35.56
40.63
0.297
0.381
0.365
0.019
0.019
0.020
31
45
42
27
40
36
DDH18-302 HT 3.00 391.06 (EOH) 388.06 0.257 0.015 41 35
DDH18-304 NW
including
6.00
90.00
212.00
118.00
206.00
28.00
0.248
0.471
0.012
0.13
78
417
72
367
DDH18-305 NW 8.00 249.33 (EOH) 241.33 0.213 0.013 17 15
DDH18-306 NW 8.00 199.95 (EOH) 191.95 0.221 0.013 18 15
1NW: Northwest zone; HT: Horsetrail zone; EOH: end of hole. Infill program holes were drilled at
various angles into continuous or near-continuous disseminated mineralization.
Infill Drilling Program
The infill drilling program was conducted with two skid-mounted drill rigs in the Horsetrail and Northwest
zones in areas of Inferred resources. Drill core samples were one-half NQ core.
Table 2: Drill intercepts from the infill drilling program2:
Hole Zone From
(m)
To
(m)
Interval
(m)
Ni
(%)
Co
(%)
Pd
(ppb)
Pt
(ppb)
DDH18-267 NW
including
4.35
48.00
126.19 (EOH)
80.00
121.84
32.00
0.233
0.280
0.013
0.013
2
1
3
3
DDH18-268
NW
including
and
2.85
156.0
328.00
449.88 (EOH)
268.00
449.88
447.03
112.00
121.88
0.258
0.281
0.282
0.013
0.012
0.012
15
4
1
17
8
3
DDH18-269 HT
including
2.90
92.00
221.59 (EOH)
192.00
218.69
100.00
0.266
0.293
0.013
0.014
10
14
11
14
DDH18-270 NW 3.90 138.50 134.60 0.185 0.009 8 7
DDH18-271 NW
including
4.00
276.00
374.60 (EOH)
330.00
370.60
54.00
0.276
0.310
0.013
0.012
4
2
6
3
DDH18-272 NW 8.00
72.00
289.26 (EOH)
128.00
281.26
56.00
0.280
0.304
0.013
0.013
4
5
8
7
DDH18-273 NW No significant intervals
3
#203-700 West Pender Street, Vancouver, BC, V6C 1G8
Tel: 604 681 2300
Hole Zone From (m) To
(m)
Interval
(m)
Ni
(%)
Co
(%)
Pd
(ppb)
Pt
(ppb)
DDH18-273 NW No significant intervals
DDH18-274 NW
including
5.79
169.55
160.00
180.20
154.21
10.65
0.240
0.532
0.013
0.025
12
64
15
63
DDH18-275 NW No significant intervals
DDH18-276 NW
and
and
64.00
210.00
243.80
203.38
243.80
404.47
139.38
33.80
160.67
0.232
0.391
0.223
0.018
0.014
0.012
18
69
33
14
48
25
DDH18-277 5.18 8.00 80.00 74.82 0.239 0.014 43 42
DDH18-278 HT 4.00 99.97 (EOH) 95.97 0.189 0.012 4 5
DDH18-279 HT 8.00 151.49 (EOH) 143.49 0.194 0.014 21 20
DDH18-280 HT
and
5.60
60.00
60.00
151.49
54.40
91.49
0.265
0.201
0.016
0.014
109
27
120
29
DDH18-281 NW 10.00 200.25 (EOH) 190.25 0.235 0.012 2 4
DDH18-282 NW
and
and
1.94
103.30
253.00
103.30
224.73
468.17 (EOH)
101.36
121.43
215.17
0.296
0.215
0.284
0.012
0.011
0.014
29
17
38
31
14
37
DDH18-283 NW
and
and
56.95
114.00
172.00
114.00
158.10
221.59
57.05
44.10
49.59
0.203
0.285
0.242
0.013
0.013
0.013
2
14
7
5
25
10
DDH18-285 NW
including
6.00
52.00
450.19 (EOH)
100.00
444.19
48.00
0.250
0.329
0.013
0.014
21
55
22
57
DDH18-286 HT 6.00 333.76 (EOH) 327.76 0.208 0.012 21 20
DDH18-287 NW
and
and
and
0.00
180.00
288.00
492.00
165.85
288.00
492.00
599.00
165.85
108.00
204.00
107.00
0.261
0.209
0.307
0.267
0.014
0.013
0.015
0.013
28
17
24
15
32
19
25
16
DDH18-289 NW
including
40.00
44.33
114.91 (EOH)
48.14
74.91
3.81
0.240
0.894
0.014
0.046
13
84
19
203
DDH18-290 NW 88.00 128.00 40.00 0.201 0.013 12 10
2NW: Northwest zone; HT: Horsetrail zone; EOH: end of hole. Metallurgical infill program holes were
drilled at various angles into continuous or near-continuous disseminated mineralization.
4
#203-700 West Pender Street, Vancouver, BC, V6C 1G8
Tel: 604 681 2300
Figure 1: Infill and Metallurgical Infill Drill Hole Locations in Horsetrail and Northwest zones
(Click here to view online)
Attic Zone Exploration Program
The Attic zone program was comprised of two drill holes (DDH18-301 and DDH18-303) in the platinum-
and p alladium-enriched Attic zone roughly 3.5 kilometres northwest of the Horsetrail zone. Drill core
samples from this program were one-half NQ core.
DDH18-301 was drilled a few tens of metres below a previously intersected platinum- and palladium-
enriched, structurally complex, suite of altered cli nopyroxenites. The downhole interval of 238.00 m –
260.00 m returned an average of 316 ppb Pd and 355 ppb Pt at a vertical depth of approximately 185 metres.
DDH18-303 was drilled from the same pad but in an untested northwesterly direction toward, and below,
nearby Davis Creek to test a suspected fault for enrichment. DDH18-303 returned no intervals of note.
5
#203-700 West Pender Street, Vancouver, BC, V6C 1G8
Tel: 604 681 2300
MAG Zone Exploration Program
The MAG zone program was comprised of two drill holes (DDH18 -288 and DDH18 -291) in an area of
sedimentary cover rocks with anomalously high total magnetics approximately 5.6 kilometres northwest of
the Horsetrail zone and outside the known Turnagain ultramafic intrusion. Both holes did not penetrate
through the sedimentary cover and returned no intervals of note.
Click here to view a drill hole location map for the Attic & Mag zone exploration program.
Quality Assurance, Quality Control
Diamond drilling in 2018 was conducted on the Turnagain property using NQ diameter drill rods. Drills
were oriented using a Reflex TN -14 Gyrocompass drill and, after completion of the drill hole, were
surveyed using a Reflex EZ -Gyro. Giga Metals systematically insert ed certified reference materials
(standards) and blanks into each batch of samples at regular intervals. Samples were placed in sealed bags
and shipped directly to the ALS Minerals preparatory laboratory in Terrace, British Columbia. The 2018
samples reported herein were analyzed by ALS Global of Vancouver, British Columbia. Samples were
prepared by crushing the entire sample to 70% passing -2 millimetres, riffle splitting of 250 grams and
pulverizing the split to better than 85% passing 75 micrometres. The core samples also underwent a robust
duplicate assay program that tests rejects and pulps for reproducibility. Samples were also sent to an umpire
lab. Base metal analyses were determined using the ME-ICP61 four-acid digestion method with ICP-AES
finish. Precious metal analyses were determined by PGM-ICP23 fire assay method with ICP-AES finish.
Analytical results are verified with the application of industry standard Quality Assurance and Quality
Control (QA/QC) procedures.
Qualified Person
Greg Ross, P. Geo., a Qualified Person as defined by NI 43-101, has read and approved all technical and
scientific information contained in this news release. Mr. Ross is the Company’s Turnagain Project
Manager.
About Giga Metals’ Turnagain Nickel-Cobalt Project
The Turnagain Project hosts the Horsetrail nickel -cobalt deposit, a significant undeveloped nickel-cobalt
sulphide deposit, located in British Columbia, Canada.
Engineering and metallurgical studies are underway with an objective of producing a Pre-Feasibility study.
Extensive metallurgical work indicates a clean concentrate grading 18% nickel and 1% cobalt is reliably
achievable using simple "off-the-shelf" processing technology.
The Turnagain pr oject covers a large, relatively underexplored land package prospective for additional
ultramafic-hosted nickel-cobalt discoveries. Turnagain is one of the few projects in a stable jurisdiction that
can potentially deliver large quantities of cobalt and nickel to meet the growing needs of the electric vehicle
and energy storage markets at a time when many research analysts are projecting there will be shortages in
the cobalt and nickel required by battery manufacturers.
6
#203-700 West Pender Street, Vancouver, BC, V6C 1G8
Tel: 604 681 2300
On behalf of the Board of Directors,
"Mark Jarvis"
MARK JARVIS, PRESIDENT & CEO
GIGA METALS CORPORATION
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of
the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock
exchange, securities commission or other regulatory authority has approved the information contained
herein.
Cautionary Note Regarding Forward-Looking Statements
This news release contains forward -looking information which is subject to a variety of risks and
uncertainties and other factors that could cause actual events or results to differ from those projected in
the forward-looking statements. Forward looking statements in this press release include the completion of
a Pre-Feasibility Study.
These forward-looking statements are subject to a variety of risks and uncertainties and other factors that
could cause actual events or results to differ materially from those projected in the forward -looking
information. Risks that could change or prevent these statements from coming to fruition include changing
operational costs for mining and processing; increased capital costs; the timing and content of upcoming
work p rograms may be interrupted or delayed; geological interpretations based on drilling that may
change with more detailed information; the availability of labour, equipment, infrastructure and markets
for the products produced; and despite the current expecte d viability of the project, conditions changing
such that the minerals on our property cannot be economically mined, or that the required permits to build
and operate the envisaged mine cannot be obtained. The forward-looking information contained herein is
given as of the date hereof and the Company assumes no responsibility to update or revise such information
to reflect new events or circumstances, except as required by law.