nickel-copper discovery

Search documents
SRQ Resources Intersects Intrusive Magmatic Complex at Target 900 and Identifies New High-Priority Targets at Lac Brulé
Globenewswire· 2025-07-14 11:00
Core Insights - SRQ Resources Inc. has intersected the intrusive magmatic complex at Target 900 and identified new geophysical targets at Lac Brulé, indicating potential for nickel-copper massive sulphide accumulation [1][4] - The drilling results from hole LB-25-30 show significant mineralization, including pentlandite, chalcopyrite, and pyrrhotite, supporting the exploration model [2][4] - The company is advancing its exploration systematically, with plans for further drilling to confirm the potential of the identified targets [4][5] Drilling and Geological Findings - Diamond drill hole LB-25-30 was terminated at a depth of 1,389 meters within a magmatic intrusive complex, revealing Ni-Cu-rich pods [2] - Initial observations suggest that LB-25-30 may have drilled below the main anomaly predicted by the Ambient Noise Tomography (ANT) model [3] - Downhole Transient Electromagnetic (DHTEM) surveys are being conducted to refine targeting for follow-up drilling [3] Exploration Strategy - The next planned hole, P-02, aims to target the magmatic complex at a steeper angle to intersect potential mineralized zones more directly, with a planned depth of approximately 1,200 meters [4] - Expanded airborne gravity surveys have been completed, delineating excellent target zones comparable to Target 900, enhancing exploration potential [5] Company Background - SRQ Resources Inc. is a Canadian-based metals company focused on exploring for nickel, copper, and platinum in Québec, owning 1,173 exploration claims covering 243 km² [11]