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.

Electra Nickel Property Location and Claim Map
Electra Nickel Property Location and Claim Map

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.
ElElectra Nickel Project: Priority Target Areas for 2022 Drillingectra 2021 Surface Prospecting Program
Electra Nickel Project: Priority Target Areas for 2022 Drilling

Exploration Summary

  • 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.

  • 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.

  • A follow-up surface prospecting, mapping, and geological survey assisted with selecting drill targets for a planned winter 2022 drill program.

  • 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.

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