Mr. Mark Billings reports
ADDITIONAL ENCOURAGING RESULTS FROM THE JULIE NICKEL-COPPER DISCOVERY; 1.82% NICKEL OVER 11.64 METRES CHANNEL INTERSECTION
A new series of results has increased the size and grades of the previously reported mineralized T1 zone, and St-Georges Platinum and Base Metals Ltd. has released additional positive results from the T2 zone on its wholly owned Julie nickel-copper project on the Quebec North Shore.
Results from T1 zone
The initial discovery on the T1 zone, which yielded 1.71 per cent nickel over 8.49 metres, was reported on Dec. 29, 2014. New results from the channel No. 1 on the T1 zone extend the length of the intersection by an additional 3.15 metres grading 2.14 per cent nickel, 0.33 per cent copper and 0.04 per cent cobalt. These compiled results are highlighted in an attached table.
From To Interval* Nickel Copper Cobalt
(metres) (metres) (metres) (%) (%) (%)
T1 channel 1 0 11.64 11.64 1.82 0.29 0.04
Including new result 8.49 11.64 3.15 2.14 0.33 0.04
Including already reported* 0 8.49 1.71 0.27 0.27 0.03
*Reported channel sections are not true widths; there are insufficient data with respect
to the shape of the mineralization to calculate true orientations in space.
Zone T1 is an area measuring 70 metres by 56 metres. The ultramafic intrusive suite that hosts the new discovery can be traced along a magnetic conductor identified in 2011, which runs for approximately 13 kilometres in a west-southwest-to-east-northeat trend.
Results from T2 zone
The T2 zone is a surface mineralized zone measuring 52 metres by 18 metres. This zone is located 116 metres away from the initial discovery of T1 on an east-northeast trend. It is categorized by a series of small gossans within a larger zone of mafic and ultramafic rocks at or near surface.
When added to the T1 zone already identified, it covers a total strike length of 238 metres of mineralization and coincides with the ultramafic intrusive suite which hosts the new discovery.
An attached table outlines the results from an 18.68-metre channel sample taken subparallel to the mineralized body at surface and starts approximately 171 metres away from the end of the channel No. 1 on T1 zone.
From To Interval* Nickel Copper Cobalt
(metres) (metres) (metres) (%) (%) (%)
T2 channel 3 0 18.68 18.68 1.10 0.23 0.03
Including 9.33 18.68 9.35 1.45 0.28 0.03
Including 9.33 13.62 4.29 1.56 0.28 0.03
*Reported channel sample sections are not true widths. An apparent surface width of eight
metres can be calculated, but at this time, there are insufficient data with respect to
the shape of the mineralization to calculate true orientations in space.
Quality control
Joel Scodnick, PGeo, vice-president, exploration, of the company, is the independent qualified person for the technical disclosure contained in this news release. Mr. Scodnick has supervised the work programs on the Julie project, examined the samples summarized in this release, discussed and reviewed the results with the company's geological staff, and reviewed the available analytical and quality control results.
Channel cut samples and drill core samples were transported in sealed bags from Baie-Comeau to a warehouse facility in Montreal. There, they have been opened, washed, photographed again, logged, resealed and transported to Agat Laboratories in Dorval, Que. Agat Laboratories transported the samples to its analytical facilities in Mississauga, Ont. Base metal analyses were initially obtained via ICP-AES (inductively coupled plasma -- atomic emission spectroscopy) aqua regia and four-acid digestions. The two digestion methods show good correlation. Nickel values in excess of 10,000 parts per million were reanalyzed using a sodium peroxide fusion followed by ICP-AES finish.
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