Huntsman Hits Nickel Sulphides in Multiple Holes at Canegrass Project, Western Australia
Huntsman Hits Nickel Sulphides in Multiple Holes at Canegrass Project,
Western Australia
Vancouver, British Columbia, February 16 , 2021 – Huntsman Exploration Inc. (TSXV:
HMAN; US:BBBMF) (the “Company” or “Huntsman”) is pleased to announce that drilling at its
Canegrass Nickel project in Western Australia has intersected nickel sulphides in multiple holes
along a 7 km mineralized trend. Phase 1 of the 2021 drill program is following up on the Company’s
successful first-pass program, which encountered high-grade nickel, copper, cobalt and palladium at
shallow depth in several holes. Assays on current operations are pending and drilling is ongoing.
2021 Drill Program Highlights
Majority of drilling to date has encountered encour aging nickel sulphides within very favourable
geological units.
Two rigs (one Diamond drilling and one Reverse Circulation) are on site testing Nickel zones along 7
km of the mineralized trend in the layered igneous complex.
Phase I drilling has completed 14 holes at multiple ta rgets. Total program includes 16 holes totalling
approximately 3,500 m.
All assays are pending, however, specific drill intervals have been submitted for “rush assay” treatment
to help further understanding of high priority zones.
Ongoing Property Wide Exploration
MLEM Survey. The extensive Moving L oop Electromagnetic (MLEM) survey has commenced.
The survey will cover portions of the property where previous ground- based EM data was limited.
The drilling and MLEM work is designed to detect massive sulphide accumulations proximal to the
Shepherds Discordant Zone (SDZ) and at depth. There are no sedime ntary horizons within the area
and, given that all conductors detected and drilled to date at Canegrass have been mineralized,
any new bedrock conductor that is detected will be considered highly prospective . The MLEM
program will concentrate on areas west of the shear zone, with additional work on eastern areas to
follow.
Peter Dickie, President and CE O for Huntsman, commented, “ We are excited at the encouraging,
early indications of drilling success at the Canegrass nickel project. The team is looking forward to
receiving the assays, as well as the data from the MLEM survey and additional downhole EM work.
The previous EM survey was highly instrumental in prior drilling succe ss and will enable rapid
definition of new targets. We will continue to share further updates as results come in.”
2018 drilling highlights include:
BBRC001 (Winx) 14m @ 1.17% Ni, 0.88% Cu, 0.05% Co, 463ppb Pd and 375ppb Pt from
65m, including 1m @ 2.70% Ni, 0.23% Cu, 0.12% Co, 751ppb Pd and 723 ppb Pt.
BBDD001 (Sunline) 0.57m @ 3.07 % Ni, 0.62% Cu and 0.24% Co from 144.1m.
BBDD002 (Tulloch) 14.25m @ 0.69% Ni, 0.82% Cu and 0.05% Co from 243.2, including 4.9m @
1.33% Ni, 1.26% Cu and 0.10% Co.
All 2018 drill holes returned anomalous values of Ni, Cu, Co and were open along strike and at depth.
The technical content of this news release with respect to Canegrass has been reviewed and approved
by Nathan Tribble, P.Geo., a director of the Co mpany and a Qualified Pe rson pursuant to National
Instrument 43-101. The qualified person has not yet visited the Canegrass Project and therefore has
not yet verified the data disclosed, including sa mpling, analytical, and test data underlying the
information or opinions contained in the written disclosure.
On Behalf of the Board of Huntsman Exploration Inc.
Peter Dickie
President and Chief Executive Officer
For more information, please contact 1-855-584-0160 or [email protected].
Neither TSX Venture Exchange, the Toronto Stock Exchange nor their Regulation Services Provider (as that term is
defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward Looking Statements: Statements contained in this news release that are not historical facts are forward-looking
statements, which are subject to a number of known and unknown risks, uncertainness and other factors that may cause
the actual results to differ materially from those anticipated in our forward-looking statements. Although we believe that
the expectations in our forward-looking statements are reasonable, actual results may vary, and we cannot guarantee
future results, levels of activity, performance or achievements.