Mink Ventures Corporation (TSXV: MINK), a Canadian critical minerals explorer operating in Ontario, has announced the completion of its drill program at the Rankin Ni, Cu, Co Property, located approximately 35 kilometres west of Timmins, Ontario. The company drilled four holes totalling 656 metres to test two priority VTEM Maxwell Plate anomalies and encountered a mineralized zone containing disseminated and semi-massive sulphides. All drill core has been logged and samples have been sent to a laboratory on a priority rush basis, with assay results pending. The Rankin Property sits within the Kam Kotia gabbro complex, a setting the company describes as highly prospective for nickel, copper, and cobalt mineralisation.

Key Points

  • Mink Ventures Corporation (TSXV: MINK) is a Canadian mineral exploration company focused on nickel, copper, and cobalt in Ontario.
  • The company completed four drill holes totalling 656 metres at the Rankin Property, encountering disseminated and semi-massive sulphides.
  • Assay results are pending; samples have been submitted to a laboratory on a priority rush request.
  • Plans and permitting for downhole geophysical surveys are under way, with a Phase 2 drill program to be evaluated following completion of geophysics and data interpretation.

Drilling Targets Two High-Conductivity VTEM Anomalies at Rankin

The Rankin drill program was designed to test two priority VTEM Maxwell Plate anomalies identified as carrying inordinately high conductive values. Mink completed four holes and 656 metres of drilling to evaluate the target areas. The program returned a mineralized zone featuring disseminated and semi-massive sulphides, which the company considers an encouraging geological indicator in the context of the property's Kam Kotia gabbro complex setting. Mink also notes that the drill targets are supported by a coincident gravity response, which it states is consistent with the possibility of a sulphide zone associated with the VTEM anomalies.

Independent Geophysical Review Confirms Highly Conductive Zones Since Acquisition

Since acquiring the Rankin Property in July, Mink obtained an independent geophysical review of the Maxwell Plate data originally provided by the optionor. The release states that this review confirmed the presence of highly conductive zones, suggesting massive sulphide zones with the potential to host nickel, copper, and cobalt mineralisation. The property's location within the Kam Kotia gabbro complex adds geological context that the company characterises as favourable. Qualified Person Mr. Kevin Filo, P. Geo. (Ontario) and Director of the Company, verified and approved the scientific and technical data disclosed in the announcement by reviewing the VTEM survey data.

Winter Geophysical Surveys and Phase 2 Evaluation Outlined

Following the completed drill program, Mink has initiated plans and permitting to conduct downhole geophysical surveys during winter, targeting areas of interest situated beneath Rankin Lake. The release states that a Phase 2 drill program will be evaluated after the geophysics work is finished and all data has been interpreted and modelled. Mink's broader Ontario portfolio includes the Montcalm project covering approximately 104 km² adjacent to Glencore's former Montcalm Mine, and the 11 km² Warren Ni Cu Co Project. The company has 41,672,296 common shares outstanding.