Avante Mining Identifies New Zone of High-Grade Nickel up to 1.9% Ni from Maiden Drill Program at Voisey's West

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Overig advies 27/09/2023 09:30
Vancouver, British Columbia--(Newsfile Corp. - September 27, 2023) - Avante Mining Corp. (TSXV: AVA) (OTC Pink: ACPRF) (FSE: P210) ("Avante" or the "Company"), a Canadian nickel-focused exploration company, is pleased to announce that it has received first assay results from its maiden drilling program of five holes at the Voisey's West nickel project (the "Voisey's West" or the "Project"). The Project is located in the same intrusive complex as the nearby Voisey's Bay mine and 70km west of the town of Nain, Labrador, Canada.

Highlights:

The Company has received initial assays from hole 3 of its 5-hole program at Voisey's West.
High-grade nickel intercepts include 1.68% NiEq over 2.74 metres as part of 0.78% NiEq over 22.74 metres; individual samples as high as 1.90% Ni over 1 metre.
Drilling confirms a magmatic sulfide system is hosted on the Project similar to the nearby world-class Voisey's Bay mine which is host to 32.4 Mt of nickel grading 2.13% (proven and probable).
Net-texture to semi-massive textures paired with sulphide concentrations increasing with depth, indicates the potential for massive sulphides to exist below with even higher grades.
Assays from the other holes drilled during the program will be released in the coming weeks including hole 4 which contains the highest concentration of sulphides (up to >60%) on the Project (hole 3 was locally up to >40%).
Adrian Smith, Chief Executive Officer for Avante, commented, "We are excited to announce initial assay results from our maiden drilling program at Voisey's West. Drill hole VW-23-03 was our first drill hole testing a new extension and it confirms that our system has the ingredients to potentially host a significant mineralization, as we have seen elsewhere in the region at Voisey's Bay." Mr. Smith continued, "With assays still to come from the holes where we observed the greatest concentration of sulphides, we are very pleased with the success of this maiden program thus far. We believe that Voisey's West is a discovery in the making and the results thus far have validated our belief that Voisey's West has the potential to host a major nickel discovery."

see & read more on
https://www.newsfilecorp.com/release/182029/Avante-Mining-Identifies-New-Zone-of-HighGrade-Nickel-up-to-1.9-Ni-from-Maiden-Drill-Program-at-Voiseys-West



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