Avante Mining Corp. announced the commencement of a targeted resampling program on the historic core samples from the TL Nickel Property located 50km northwest of the Voisey's bay mine in Newfoundland and Labrador, Canada (the "Property"). This initiative forms a critical component of the preparatory work for a drilling project scheduled for 2023.
The Company gained access to the core storage facility in Happy Valley ­ Goose Bay, NL, managed by the Province of Newfoundland & Labrador where all the historical core for the Property is stored. The focus of the program is to identify geological controls on mineralization and gain important information from intervals lacking complete assays for critical elements such as cobalt, platinum, palladium, and gold. This includes a detailed review of diamond drill core samples from the Long Pond and All-About-It zones. Historic Grade Highlights being investigated in further detail: C1-2 (Long Pond): Historic grade of 0.72% Ni, 0.38% Cu over 3.72m, C1-4 (Long Pond): Historic grade of 0.63% Ni, 0.35% Cu over 3.48m, C3-2 (All-About-It): Historic Grade of 0.47% Ni, 0.16% Cu over 23.7m. Other Drilling Highlights with existing complete assays include: 08-LP-55 (Long Pond): 0.80% Ni, 0.85% Cu, 0.03% Co, 0.36 g/t PGE + Au over 14m, 08-AA-60 (All About-it): 1.02% Ni, 0.51% Cu, 0.03% Co, 0.35 g/t PGE + Au over 14m, 08-AA-62 (All About-it): 0.42% Ni, 0.19% Cu, 0.02% Co, 0.19 g/t PGE + Au over 36m, 08-NB-64 (No Baccy): 0.75% Ni, 0.22% Cu, 0.02% Co, 0.32 g/t PGE + Au over 6m. Historic drilling in the Property focused on at-surface, shallow-targets along two NNW-trending EM anomalies associated with steeply dipping mafic dykes. Minimal work has been done to understand the deeper-seated structural architecture or the potential of sulfide accumulations within the feeder source such as that observed within the Voisey's Bay Intrusive Suite 50 km southeast of the TL Nickel property. The forthcoming 2023 field season will focus on deepening understanding of the near-surface system, along with the potential of deeper-seated structures and mineralization through a combination of mapping, geophysics, and drilling. A total of 32 samples have been collected from three holes, and samples have been submitted to Eastern Analytical, an ISO 17025 certified lab, accredited and operating independently of Avante, for comprehensive analysis. The results of this resampling program are anticipated to be announced in the coming weeks along with further updates of the planned 2023 exploration program. Acknowledgements go to Glen Penny, Department of Industry, Energy & Technology for accommodating ArcPacific with respect to the Government of Newfoundland & Labrador's Core Storage Program.