Pacific Coast Nickel Corp. Updates Burwash Activityadmin
Michael Sweatman, Pacific Coast Nickel President, stated that, “We have wrapped up the Burwash drilling for 2008 and will now wait for results, which will be available for interpretation in October.”
Pacific Coast Nickel has an Option Agreement from Strategic Metals Ltd., who, along with Archer Cathro & Associates, are the operators of the project.
There were 5 drill holes comprising 417 meters completed in this summer’s program. These drill holes were designed to test a number of geochemical anomalies identified in earlier exploration.
Michael Sweatman president stated after a property visit in August “It is really impressive to be able to look west from our property and see development roads on the adjacent Wellgreen Property from our drill site.”
The Burwash property is located to the east of the Wellgreen Property, about 8 km off the Alaska Highway. There was active exploration being conducted this summer at Wellgreen.
It has been very active in the surrounding area this summer with a reported 10,000 claims having been staked along the trend which is largely related to the major fault system that runs through our property and the adjoining Wellgreen Property. This is significant in that the entire belt which surrounds the Burwash and Wellgreen properties has now been staked. The Burwash property represents an important part of this area and is where significant anomalies have been found. A reported 10,000 claims have been staked along the trend of the geological belt that runs through the Burwash and Wellgreen Properties.
Planning for next year will commence after receipt of the analysis of core obtained from this summer’s drill program. An initial look at the property by our independent geologist indicates that we may conduct a TEM survey which would be commenced at the same time as next year’s drill program. This survey would be designed to detect conductors at depth which would if successful assist in targeting future drilling. In addition, several proposed drill sites which were not tested this year will be tested next year.
Pacific Coast Nickel Corp is actively exploring properties which are prospective for nickel and copper. The Company has two major properties. The Big Nic property is located approximately 20 kilometers north-west of Hope BC, immediately west of the former Giant Mascot Mines, a former nickel and copper producer. The Burwash property is adjacent to the Wellgreen Mine, also a former nickel and copper producer.
The Company is also in the process of reviewing a number of opportunities in South America.