{"id":450643,"date":"2021-03-04T08:04:04","date_gmt":"2021-03-04T13:04:04","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=450643"},"modified":"2021-03-04T08:04:04","modified_gmt":"2021-03-04T13:04:04","slug":"nickel-rock-resources-files-ni-43-101-report-for-the-nickel-project-next-to-the-decar-nickel-project-of-fpx-nickel-corp","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/nickel-rock-resources-files-ni-43-101-report-for-the-nickel-project-next-to-the-decar-nickel-project-of-fpx-nickel-corp\/","title":{"rendered":"Nickel Rock Resources Files NI 43-101 Report for the Nickel Project Next to the Decar Nickel Project of FPX Nickel Corp."},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">Vancouver, BC<\/span>, <span class=\"xn-chron\">March 4, 2021<\/span> \/PRNewswire\/ &#8212;<b>\u00a0Nickel Rock Resources Inc. <\/b>(&#8220;the Company&#8221;)\u00a0(TSX-V: NICL), (OTCQB: NICKLF)\u00a0is pleased to announce\u00a0that the Technical Report for The Nickel Project, dated <span class=\"xn-chron\">January 21, 2021<\/span>, prepared by <span class=\"xn-person\">Jacques Houle<\/span>, P. Eng. and <span class=\"xn-person\">Jeremy Hanson<\/span>, P.Geo. has been filed on SEDAR and can be obtained on the Company&#8217;s website at <a target=\"_blank\" href=\"https:\/\/3xk9ce3437wd1rjqcn12zzpm-wpengine.netdna-ssl.com\/wp-content\/uploads\/2021\/02\/Technical-Report-for-the-Nickel-Project-final-signed.pdf\" rel=\"nofollow noopener noreferrer\">NI #43-101 Report<\/a>.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1449491\/Nickel_Project.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1449491\/Nickel_Project.jpg\" title=\"Nickel Rock Resources Files NI 43-101 Report for the Nickel Project Next to the Decar Nickel Project of FPX Nickel Corp.\" alt=\"Nickel Rock Resources Files NI 43-101 Report for the Nickel Project Next to the Decar Nickel Project of FPX Nickel Corp.\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>\n        <b><br \/>\n          <u>The Company&#8217;s World Class Canadian Nickel Properties<\/u><br \/>\n        <\/b>\n      <\/p>\n<p>The Mount Sidney Williams Group consists of five claim blocks in four groups with a total area of 6,125.32 hectares in the area surrounding Mount Sidney Williams, both adjoining and near the Decar project of FPX Nickel Corp., located 100 kilometers northwest of <span class=\"xn-location\">Fort St. James, B.C.<\/span>, in the Omineca mining division. Metallic mineralization includes nickel, cobalt and chromium. At least some of the nickel mineralization occurs as awaruite. <\/p>\n<p>The Mitchell Range Group area claim consist of two contiguous claim blocks covering 3,134.70 hectares with demonstrated metallic mineralization including nickel, cobalt and chromium. Nickel-cobalt mineralization has not been well explored, but the presence of awaruite has been documented. <\/p>\n<p>Based on the findings of this NI #43-101 Technical Report, the company is planning a detailed exploration for the upcoming exploration season. <\/p>\n<p>\n        <b><br \/>\n          <u>Proposed 2021 Work Program<\/u><br \/>\n        <\/b>\n      <\/p>\n<p>\n        <span class=\"xn-person\">Robert Setter<\/span>, President &amp; CEO of the Company states &#8220;The proposed 2021 work program consists of several important exploration plans that will be used to both confirm successful historical work on the property and also advance the current thinking of the Company&#8217;s geological team with regards to mineral exploration in the area and the discovery of an Awaruite nickel deposit.\u00a0Successful exploration results from at neighboring FPX Nickel Corp. has only fueled the interest in this area and type of nickel deposit.&#8221;<\/p>\n<p>The Company&#8217;s exploration plans include strategic trenching, surface exploration diamond drilling, camp construction, and exploration activities to support drilling and trenching such as soil sampling, rock sampling, prospecting, and geological mapping. The Company proposes to have a 12-man exploration camp built on the north slope of the un-named mountain west of and adjacent to Mount Sydney Williams and will be built next to a sub-alpine lake at the headwaters of <span class=\"xn-person\">Van Decar Creek<\/span>. <\/p>\n<p>Easily accessible by helicopter, the location of exploration camp was selected based on past exploration camps at this location and its overall suitability for exploration support and ability to accommodate enough field personnel for the exploration work.<\/p>\n<p>\n        <b><br \/>\n          <u>NI #43-101 Report Highlights:<\/u><br \/>\n        <\/b>\n      <\/p>\n<ul type=\"disc\">\n<li>The Nickel Project (&#8220;project&#8221;) consists of four non-contiguous mineral claims groups held by Nickel Rock Resources Inc. (&#8220;company&#8217;) through three separate agreements. The exploration stage project is in the Takla Lake area of central <span class=\"xn-location\">British Columbia<\/span>, partially adjacent to FPX Nickel Corp.&#8217;s Decar Nickel Project.\u00a0The Decar Nickel Project is an advanced project targeting awaruite, a nickel-iron alloy mineral, hosted by serpentinized ultramafic intrusive rocks of the Trembleur Ultramafic Unit within the Permian to Triassic age Cache Creek Complex. <\/li>\n<li>The principal target on the project is nickel occurring as awaruite, but at the exploration stage all other styles of mineralization should be considered. <\/li>\n<li>Systematic, ground-based exploration work began within the area of the claims now covered by the Nickel Project under the direction of Ms. <span class=\"xn-person\">Ursula Mowat<\/span>, P.Geo. in 1987, continuing intermittently until 2012. This work established the presence of elevated nickel, cobalt and chromium values in rocks, soils, and stream sediments. <\/li>\n<li>The area of the claim groups of the project were included in Geoscience BC&#8217;s QUEST and QUEST-West projects, including multiparameter regional geophysical surveys, and regional stream sediment reanalyzes and data compilations between 2008 and 2009. <\/li>\n<li>R. Britten&#8217;s technical paper &#8220;Regional Metallogeny and Genesis of a New Deposit Type \u2013 Disseminated Awaruite (Ni3Fe) Mineralization Hosted in the Cache Creek Terrane published in 2017 in Economic Geology should be utilized as an interim mineral deposit model or profile for the Nickel Project.<\/li>\n<\/ul>\n<p>\n        <b><br \/>\n          <u>NI #43-101 Report Conclusion<\/u><br \/>\n        <\/b>\n      <\/p>\n<p>The Nickel Project is worthy of phased, systematic exploration programs designed and implemented to delineate areas with known or high probability metallic nickel mineralization, and to discover new areas of similar mineralization.<\/p>\n<p>In addition to its world class nickel exploration assets in <span class=\"xn-location\">Canada<\/span>, the Company has a very promising lithium clay exploration asset in the state of <span class=\"xn-location\">Nevada USA<\/span>.<\/p>\n<p>\n        <b>About Clayton Valley Lithium Project<\/b>\n      <\/p>\n<p>\n        <span class=\"xn-person\">Clayton Valley<\/span> is a down-dropped closed basin formed by the Miocene age Great Basin extension and is still active due to movement along the Walker Lane structural zone.\u00a0As a result, the basin has preserved multiple layers of lithium bearing volcanic ash, resulting from eruptions from the 700,000-year-old <span class=\"xn-person\">Long Valley Caldera<\/span> system and related events. These ash layers are thought to be the source of the lithium brines extracted by Albemarle and are also likely involved in the formation of the exposed lithium rich clay deposits on the east side of Clayton Valley. <\/p>\n<p>\n        <b>Clayton Valley Project, Silver Peak, <span class=\"xn-location\">Nevada<\/span><\/b>\n      <\/p>\n<p>The Company is exploring for lithium clays and brines within its project area of 118 claims covering over 930 hectares (2,300 acres).\u00a0The property stretches in a northwest direction from the evaporation ponds of Albemarle Corporation\u00a0NYSE: ALB. It has been widely\u00a0<a target=\"_blank\" href=\"https:\/\/www.kitco.com\/news\/2021-01-07\/Albemarle-plans-to-double-lithium-production-in-Nevada.html\" rel=\"nofollow noopener noreferrer\">reported<\/a>\u00a0that Albemarle is planning to double its lithium production by 2025 by committing between <span class=\"xn-money\">US$30 million<\/span> and <span class=\"xn-money\">US$50 million<\/span> in additional investment on the property. In 2021, Albemarle\u00a0plans to commence exploration of clay and evaluate technology that could accelerate the viability of lithium production from clay resources in the region.\u00a0<\/p>\n<p>\n        <b>Qualified Person<\/b>\n      <\/p>\n<p>\n        <span class=\"xn-person\">Jacques Houle<\/span>, P.Eng., a qualified person as defined by NI 43 &#8211; 101, is responsible for the technical information contained in this release. Readers are cautioned that the information in this press release regarding the property of FPX Nickel Corp is not necessarily indicative of the mineralization on the property of interest. <\/p>\n<p>\n        <b>About Nickel Rock Resources Inc.\u00a0<\/b><br \/>\n        <a target=\"_blank\" href=\"http:\/\/www.nickelrockresources.com\/\" rel=\"nofollow noopener noreferrer\">www.nickelrockresources.com<\/a>\n      <\/p>\n<p>The Company is a Canadian-based mineral exploration company active in the exploration for nickel-iron alloy in <span class=\"xn-location\">British Columbia<\/span> and lithium in Nevada.\u00a0Nickel Rock Resources Inc. is a Canadian based exploration company whose primary listing is on the TSX Venture Exchange.\u00a0The Company&#8217;s maintains a focus on exploration for high value battery metals required for the electric vehicle (EV) market.\u00a0<\/p>\n<p>On Behalf of the Board of Directors<\/p>\n<p>\n        <i>&#8220;<span class=\"xn-person\">Robert Setter<\/span>&#8220;<\/i>\n      <\/p>\n<p>\n        <span class=\"xn-person\">Robert Setter<\/span>, President &amp; CEO<\/p>\n<p>\n        <i>Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements which include, but are not limited to, comments that involve future events and conditions, which are subject to various risks and uncertainties. Except for statements of historical facts, comments that address resource potential, upcoming work programs, geological interpretations, receipt and security of mineral property titles, availability of funds, and others are forward-looking. Forward-looking statements are not guarantees of future performance and actual results may vary materially from those statements. General business conditions are factors that could cause actual results to vary materially from forward-looking statement.<br \/><\/i>\n      <\/p>\n<p>Contact:<\/p>\n<p>\n        <i>Nickel Rock Resources Inc. <br \/>1220 \u2013 789 West Pender Street <br \/><span class=\"xn-location\">Vancouver, BC<\/span>, <span class=\"xn-location\">Canada<\/span> V6C 1H2 <br \/>604- 428-5690 <br \/><a target=\"_blank\" href=\"http:\/\/www.nickelrockresources.com\/\" rel=\"nofollow noopener noreferrer\">www.nickelrockresources.com<\/a> \u00a0<br \/><a target=\"_blank\" href=\"mailto:info@nickelrockresources.com\" rel=\"nofollow noopener noreferrer\">info@nickelrockresources.com<\/a><\/i>\n      <\/p>\n<p>\u00a0<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=IO98873&amp;sd=2021-03-04\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/nickel-rock-resources-files-ni-43-101-report-for-the-nickel-project-next-to-the-decar-nickel-project-of-fpx-nickel-corp-301240330.html\">http:\/\/www.prnewswire.com\/news-releases\/nickel-rock-resources-files-ni-43-101-report-for-the-nickel-project-next-to-the-decar-nickel-project-of-fpx-nickel-corp-301240330.html<\/a><\/p>\n<p>SOURCE  Nickel Rock Resources Inc.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=IO98873&amp;Transmission_Id=202103040800PR_NEWS_USPR_____IO98873&amp;DateId=20210304\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire Vancouver, BC, March 4, 2021 \/PRNewswire\/ &#8212;\u00a0Nickel Rock Resources Inc. (&#8220;the Company&#8221;)\u00a0(TSX-V: NICL), (OTCQB: NICKLF)\u00a0is pleased to announce\u00a0that the Technical Report for The Nickel Project, dated January 21, 2021, prepared by Jacques Houle, P. Eng. and Jeremy Hanson, P.Geo. has been filed on SEDAR and can be obtained on the Company&#8217;s website at NI #43-101 Report. The Company&#8217;s World Class Canadian Nickel Properties The Mount Sidney Williams Group consists of five claim blocks in four groups with a total area of 6,125.32 hectares in the area surrounding Mount Sidney Williams, both adjoining and near the Decar project of FPX Nickel Corp., located 100 kilometers northwest of Fort St. James, B.C., in the Omineca mining division. Metallic mineralization includes &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/nickel-rock-resources-files-ni-43-101-report-for-the-nickel-project-next-to-the-decar-nickel-project-of-fpx-nickel-corp\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Nickel Rock Resources Files NI 43-101 Report for the Nickel Project Next to the Decar Nickel Project of FPX Nickel Corp.&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-450643","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Nickel Rock Resources Files NI 43-101 Report for the Nickel Project Next to the Decar Nickel Project of FPX Nickel Corp. - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/nickel-rock-resources-files-ni-43-101-report-for-the-nickel-project-next-to-the-decar-nickel-project-of-fpx-nickel-corp\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nickel Rock Resources Files NI 43-101 Report for the Nickel Project Next to the Decar Nickel Project of FPX Nickel Corp. - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire Vancouver, BC, March 4, 2021 \/PRNewswire\/ &#8212;\u00a0Nickel Rock Resources Inc. (&#8220;the Company&#8221;)\u00a0(TSX-V: NICL), (OTCQB: NICKLF)\u00a0is pleased to announce\u00a0that the Technical Report for The Nickel Project, dated January 21, 2021, prepared by Jacques Houle, P. Eng. and Jeremy Hanson, P.Geo. has been filed on SEDAR and can be obtained on the Company&#8217;s website at NI #43-101 Report. The Company&#8217;s World Class Canadian Nickel Properties The Mount Sidney Williams Group consists of five claim blocks in four groups with a total area of 6,125.32 hectares in the area surrounding Mount Sidney Williams, both adjoining and near the Decar project of FPX Nickel Corp., located 100 kilometers northwest of Fort St. James, B.C., in the Omineca mining division. 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/nickel-rock-resources-files-ni-43-101-report-for-the-nickel-project-next-to-the-decar-nickel-project-of-fpx-nickel-corp\/","og_locale":"en_US","og_type":"article","og_title":"Nickel Rock Resources Files NI 43-101 Report for the Nickel Project Next to the Decar Nickel Project of FPX Nickel Corp. - Market Newsdesk","og_description":"PR Newswire Vancouver, BC, March 4, 2021 \/PRNewswire\/ &#8212;\u00a0Nickel Rock Resources Inc. (&#8220;the Company&#8221;)\u00a0(TSX-V: NICL), (OTCQB: NICKLF)\u00a0is pleased to announce\u00a0that the Technical Report for The Nickel Project, dated January 21, 2021, prepared by Jacques Houle, P. Eng. and Jeremy Hanson, P.Geo. has been filed on SEDAR and can be obtained on the Company&#8217;s website at NI #43-101 Report. The Company&#8217;s World Class Canadian Nickel Properties The Mount Sidney Williams Group consists of five claim blocks in four groups with a total area of 6,125.32 hectares in the area surrounding Mount Sidney Williams, both adjoining and near the Decar project of FPX Nickel Corp., located 100 kilometers northwest of Fort St. James, B.C., in the Omineca mining division. Metallic mineralization includes &hellip; Continue reading \"Nickel Rock Resources Files NI 43-101 Report for the Nickel Project Next to the Decar Nickel Project of FPX Nickel Corp.\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/nickel-rock-resources-files-ni-43-101-report-for-the-nickel-project-next-to-the-decar-nickel-project-of-fpx-nickel-corp\/","og_site_name":"Market Newsdesk","article_published_time":"2021-03-04T13:04:04+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/1449491\/Nickel_Project.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/nickel-rock-resources-files-ni-43-101-report-for-the-nickel-project-next-to-the-decar-nickel-project-of-fpx-nickel-corp\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/nickel-rock-resources-files-ni-43-101-report-for-the-nickel-project-next-to-the-decar-nickel-project-of-fpx-nickel-corp\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Nickel Rock Resources Files NI 43-101 Report for the Nickel Project Next to the Decar Nickel Project of FPX Nickel Corp.","datePublished":"2021-03-04T13:04:04+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/nickel-rock-resources-files-ni-43-101-report-for-the-nickel-project-next-to-the-decar-nickel-project-of-fpx-nickel-corp\/"},"wordCount":1200,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/nickel-rock-resources-files-ni-43-101-report-for-the-nickel-project-next-to-the-decar-nickel-project-of-fpx-nickel-corp\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/1449491\/Nickel_Project.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/nickel-rock-resources-files-ni-43-101-report-for-the-nickel-project-next-to-the-decar-nickel-project-of-fpx-nickel-corp\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/nickel-rock-resources-files-ni-43-101-report-for-the-nickel-project-next-to-the-decar-nickel-project-of-fpx-nickel-corp\/","name":"Nickel Rock Resources Files NI 43-101 Report for the Nickel Project Next to the Decar Nickel Project of FPX Nickel Corp. - 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