Pure Nickel Commences Exploration Program on Salt Chuck Property

 

TORONTO, ON - Pure Nickel Inc. has commenced exploration activity on its 100% owned Salt Chuck Copper (Cu) - Gold (Au) - Silver (Ag) - Palladium (Pd) Property, located near Thorne Bay on Prince of Wales Island in south-eastern Alaska.

Phase I of the work program will consist of approximately 1,000 meters of diamond drilling. The drill program is designed to test the continuity of high grade Au-Cu mineralization encountered in drill hole NPH-12-04, which was completed in late 2012 in the North Pole Hill part of the Salt Chuck Property. This hole intersected 29.1 g/t Au, 14.1 g/t Ag, and 0.79% Cu over 2.58 meters apparent width. The 2014 Phase I drill program, which is expected to consist of 8 to 10 relatively short drill holes, will also establish the trend of the mineralization such that subsequent drill programs can be designed with maximum efficiency. In addition to drilling, a soil sampling work program will be undertaken to provide more detailed infill soil data to help guide Phase II drilling.

Phase I of the exploration program is expected to be complete by the end of June, 2014. The Phase II work program will test for bedrock mineralization beneath a series of coherent, linear to curvilinear Au anomalies in soil samples that stretch from the discovery hole to the southeast and south. These anomalies are interpreted to reflect Au-Cu mineralization similar to that intersected in drill hole NPH-12-04. The amplitude of the anomalies to the south and east, however, are significantly higher than those found in the vicinity of the discovery hole. This may indicate that the underlying mineralization is more extensive or higher grade. Phase II work is anticipated to commence in late 2014, but timing will be dependent on approval of a new plan of operations by federal authorities.

The Salt Chuck Property consists of 146 contiguous federal lode mining claims located on Prince of Wales Island on the Alaskan Panhandle. The island is accessed by ferry service, and direct access to the property is by well-maintained U.S. Forest Service roads and by water. The discovery of high grade gold in 2012 and the strong untested gold soil anomalies in the North Pole Hill Area bode well for future exploration initiatives.