PROJECTS
Electra Nickel Project
Project Snapshot
Ownership:
ALX option from private vendor to acquire 100% interest
Details of the option terms can be viewed by clicking HERE.
Size:
104 claims comprising ~2225 ha. The Company subsequently staked additional ground increasing the size of the project to 211 claims totaling 4,517 ha.
Location:
Located 35 km northwest of the City of Thunder Bay, Ontario, a prolific historical mining district, with extensive infrastructure, including highways, roads, trails, rail, power and air transportation links.
Regional Significance
The past-producing Shebandowan Mine, operated by Inco Ltd. from 1972 until 1998, is located ~35 km to the northwest of. Production consisted of 9.29 million tons grading 1.75% nickel, 0.88% copper, 0.063% cobalt and 1.83 g/t PGEs. (Source: Mineral Deposit Inventory, Ministry of Energy, Northern Development and Mines, “ENDM”, #MDI52B09SE00003)
A major structural feature known as the Thunder Lake Fault transects the property from SE to NW. This type of structure is highly prospective for magmatic-type nickel deposits and has remained vastly underexplored.
• The presence of komatiitic ultramafic rocks with spinifex textures grading up to 1.0% nickel in surface sampling compares favourably with mineralization styles found in the Kambalda district of Australia, and the Raglan district of Quebec.
2022 Exploration Plans
- ALX has applied for an exploration permit for a maiden diamond drill program.
Exploration Summary
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In 2021, ALX kicked off exploration with a vertical time-domain electromagnetic (“VTEM™ Plus”) geophysical survey which is designed to obtain accurate deep penetrating data and provide the industry’s highest resolution of conductors and anomalies.
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The VTEM™ Plus” survey identified strong conductive features in the northern and central parts of Electra, previously undetected by historical EM surveys, and where historical grab samples returned up to 0.95% Ni in showings hosted within komatiitic rocks.
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A follow-up surface prospecting, mapping, and geological survey assisted with selecting drill targets for a planned winter 2022 drill program.
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Two historical gold showings: Winslow and Hemlo require follow-up exploration.
National Instrument 43-101 Disclosure
The technical information on this web page has been reviewed and approved by Dr. Larry Hulbert, D.Sc., P.Geo., Technical Advisor to ALX, and/or Sierd Eriks, P.Geo., Technical Advisor to ALX, and/or Jody Dahrouge, P.Geo., a Director of ALX, who are Qualified Persons in accordance with the Canadian regulatory requirements set out in NI 43-101. Readers are cautioned that some of the technical information described on this web page is historical in nature; however, the historical information is deemed credible and was produced by professional geologists/geoscientists in the years discussed.