Nickel North 2022 Soil Samples Discover New Strong Cobalt Anomalies and Confirm Multiple Strong Ni-Cu Anomalies at Hawk Ridge Nickel-Copper-PGE Project

Original announcement by tmx on

Company
Nickel North Exploration Corp.
Ticker
NNX
Exchange
TSX
Region
Northern Québec
Primary commodity
Nickel
Secondary commodities
Copper, Cobalt, Pge
Document categories
Drill results, Other
Extracted
2026-08-22 03:45:49 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Nickel North has completed a 381-sample soil XRF program at the Hawk Ridge Project, identifying new strong cobalt anomalies in the Lucille and Falco 7 zones. The results also confirm and expand previously defined Ni-Cu mineralization targets across five zones.

Reasoning: The announcement reports significant new cobalt anomalies and confirms existing nickel-copper targets via XRF soil sampling, providing high-potential targets for the next drilling season.

Positive factors

  • Discovery of new cobalt anomalies
  • Confirmation of existing Ni-Cu targets
  • High-grade soil anomalies (1.05% Cu, 0.17% Ni)

Negative factors

  • Results are from handheld XRF (screening level) rather than certified ICP-MS assays
  • Soil anomalies are proxies and require drilling to confirm mineralization

Facts used in scoring: 4

Classification and evidence

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release mentions use of OREAS standards and Olympus SiO2 blanks, and that samples were tested by a certified operator.

Evidence · text

“6 QAQC samples including 5 standards from OREAS and 2 SiO2 blanks from Olympus have been tested”

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: Identified new cobalt anomalies in the Lucille and Falco 7 zones that were not previously reported.

Evidence · text

“it identified two new strong cobalt anomalies in the two targeting areas: Lucille Zone and Falco 7 Zone”

Extracted facts

Stored fact records: 4. Some facts used in scoring do not have a stored record.

Drill Results (4)

Fact 1nickelGrade: 0.17Grade Unit: %View all details
Link to this fact

Identity

Commodity
nickel
Ticker
NNX

Geometry

Grade
0.17
Grade Unit
%

Classification

Sample Type
surface
Group ID
789542:surface

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2022-10-04T00:00:00.000Z

Reasoning: Ni grade of 0.17% in soil is a strong anomaly for this type of exploration.

Positive factors

  • Strong Ni anomaly in soil

Negative factors

  • XRF screening only

Evidence · text

“Ni in soil anomalies is up to 1731 ppm (or 0.17% Ni) from soil sample 789542”
Fact 2copperGrade: 1.05Grade Unit: %View all details
Link to this fact

Identity

Commodity
copper
Ticker
NNX

Geometry

Grade
1.05
Grade Unit
%

Classification

Sample Type
surface
Group ID
789388:surface

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2022-10-04T00:00:00.000Z

Reasoning: 1.05% Cu in soil is a very strong indicator of underlying mineralization.

Positive factors

  • Very high copper anomaly in soil

Negative factors

  • XRF screening only

Evidence · text

“Cu in soil anomalies is up to 10429 ppm (or 1.05% Cu) from soil sample 789388”
Fact 3cobaltGrade: 0.17Grade Unit: %View all details
Link to this fact

Identity

Commodity
cobalt
Ticker
NNX

Geometry

Grade
0.17
Grade Unit
%

Classification

Sample Type
surface
Group ID
lucille_zone:surface

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2022-10-04T00:00:00.000Z

Reasoning: Discovery of high-grade Co anomalies in the Lucille zone is a significant new target.

Positive factors

  • New strong cobalt anomaly discovered

Negative factors

  • XRF screening only

Evidence · text

“Co in soil anomalies is up to 570 to 1669 ppm (or 0.057% to 0.17% Co) from soil samples 514334, 514335, 514337 at Lucille zone area”
Fact 4cobaltGrade: 0.305Grade Unit: %View all details
Link to this fact

Identity

Commodity
cobalt
Ticker
NNX

Geometry

Grade
0.305
Grade Unit
%

Classification

Sample Type
surface
Group ID
falco_7_nw:surface

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2022-10-04T00:00:00.000Z

Reasoning: Cobalt anomaly in Falco 7 northwest has not been reported previously.

Positive factors

  • New cobalt anomaly in Falco 7 northwest

Negative factors

  • XRF screening only

Evidence · text

“Co in soil anomalies is also up to 187 ppm to 305 ppm from soil samples 514254, 514255 and 514312 at Falco 7 zone northwest area”

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.