Anfield Intersects 22.1 Meters Grading 2.52% Nickel, Including 11.4 Meters Grading 3.03% Nickel at Its Mayaniquel Project, Guate
07 Abril 2011 - 9:30AM
Marketwired
Anfield Nickel Corp. (TSX VENTURE: ANF) ("Anfield") is pleased to
announce new drilling results from its 100% owned Mayaniquel nickel
project located in eastern Guatemala. The latest results are
highlighted by results from the Tres Juanes Norte deposit that
include hole TJN11-243 that intersected 22.1 meters grading 2.52%
nickel, including 11.4 meters grading 3.03% nickel and hole
TJN11-239 that intersected 13.8 meters grading 1.78% nickel
including 10.6 meters grading 1.96% nickel.
Nickel mineralization at Tres Juanes Norte has now been
delineated on all accessible land and the planned drilling program
has been completed. Two distinct zones (North and South) of higher
grade nickel mineralization have been defined. While nickel
laterite mineralization has been mapped on land separating the two
zones (see attached map), Anfield has not received approval from
the surface rights owner to access the area to drill the laterite
formation.
The drill program is now focused on extending the known mineral
resources at Sechol - Segundo to the west and northwest and
upgrading existing resources at Sechol - Inicio from the Inferred
to Indicated category. Significant results from Sechol - Segundo
include holes SSG11-012 that intersected 13.6 meters averaging
1.60% nickel including 5 meters averaging 2.19% nickel and
SSG11-025 that intersected 9 meters grading 1.66% nickel including
2.9 meters averaging 2.57% nickel. The Sechol - Segundo zone has
now been extended over an additional area measuring 1000 meters
north to south by 600 meters east to west. Drill results from
Sechol - Inicio include holes SIN11-300 that intersected 5.2 meters
averaging 1.74% nickel and SIN11-307 that intersected 7.6 meters
grading 1.73% nickel, including 2.5 meters averaging 2.25% nickel.
Additional exploration drilling is also occurring at Tres Juanes
Rio to identify new resource targets.
Five drill rigs are operating at Mayaniquel and 254 holes
totaling 5,080 meters have been drilled to date in 2011.
Significant intercepts from the remaining drilling at Tres
Juanes Norte as well as new results from Sechol - Segundo and
Sechol - Inicio are shown in the table below. Maps showing the
location of drill holes are attached to this news release. Holes at
Tres Juanes Norte and Sechol - Inicio are drilled on a 70 meter by
70 meter grid pattern for definition of Indicated category
resources while drilling at Sechol - Segundo has been completed at
100 meter by 100 meter spacing for identification of Inferred
category resources.
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Drill Hole From (m) To (m) Length (m) Ni (%) Comments
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Tres Juanes Norte
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TJN11-226 1.70 2.80 1.10 1.06 North Central Area
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TJN11-227 5.70 11.60 5.90 1.12 North Central Area
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including 6.30 7.30 1.00 1.51
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TJN11-228 1.80 6.90 5.10 1.09 North Central Area
----------------------------------------------------------------------------
TJN11-229 1.00 2.20 1.20 0.93 North Central Area
----------------------------------------------------------------------------
TJN11-231 2.30 5.00 2.70 1.07 North Central Area
----------------------------------------------------------------------------
TJN11-232 0.00 2.30 2.30 1.32 North Central Area
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and 4.30 11.20 6.90 1.32
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including 4.30 7.30 3.00 1.58
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TJN11-233 0.00 3.60 3.60 1.30 North Central Area
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and 6.90 14.50 7.60 1.30
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including 10.90 14.50 3.60 1.52
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TJN11-235 1.00 6.30 5.30 1.25 North Central Area
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including 2.60 4.30 1.70 1.67
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TJN11-236 1.00 7.20 6.20 0.97 North Central Area
----------------------------------------------------------------------------
TJN11-238 2.20 5.30 3.10 0.93 North Central Area
----------------------------------------------------------------------------
TJN11-239 1.50 15.30 13.80 1.78 North Central Area
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including 3.80 14.40 10.60 1.96
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including 3.80 8.60 4.80 2.25
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TJN11-240 0.00 3.30 3.30 0.95 North Central Area
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TJN11-241 1.80 3.30 1.50 1.23 North Central Area
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TJN11-242 0.00 6.70 6.70 1.09 North Central Area
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and 13.30 17.80 4.50 1.25
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TJN11-243 4.00 26.10 22.10 2.52 North Central Area
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including 7.20 18.60 11.40 3.03
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TJN11-244 4.10 18.00 13.90 1.38 North Central Area
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including 5.20 8.10 2.90 1.78
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including 10.10 11.10 1.00 1.60
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including 13.40 14.40 1.00 1.64
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TJN11-245 1.70 12.20 10.50 1.42 North Central Area
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including 3.30 7.00 3.70 1.69
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including 10.20 11.30 1.10 1.71
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TJN11-246 6.60 9.90 3.30 1.46 North Central Area
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including 7.60 9.90 2.30 1.72
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TJN11-247 1.50 4.50 3.00 0.95 North Central Area
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TJN11-248 3.30 15.40 12.10 1.66 North Central Area
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including 3.30 4.30 1.00 2.04
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including 8.30 9.80 1.50 1.62
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including 11.80 15.40 3.60 2.03
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TJN11-249 0.00 3.40 3.40 1.01 North Central Area
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and 5.50 11.40 5.90 1.18
----------------------------------------------------------------------------
TJN11-250 0.08 2.00 1.20 0.87 North Central Area
----------------------------------------------------------------------------
TJN11-251 8.60 18.00 9.40 1.41 North Central Area
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including 9.80 13.80 4.00 1.62
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TJN11-252 2.00 9.30 7.30 1.77 North Central Area
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including 2.00 5.80 3.80 2.39
----------------------------------------------------------------------------
TJN11-253 1.20 4.30 3.10 0.93 North Central Area
----------------------------------------------------------------------------
TJN11-254 2.80 7.20 4.40 0.89 North Central Area
----------------------------------------------------------------------------
TJN11-256 2.80 4.30 1.50 1.37 North Central Area
----------------------------------------------------------------------------
TJN11-258 12.30 26.30 14.00 1.66 North Central Area
----------------------------------------------------------------------------
including 15.10 20.30 5.20 2.06
----------------------------------------------------------------------------
and 28.00 32.60 4.60 1.00
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TJN11-259 3.30 5.80 2.50 1.35 North Central Area
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including 3.80 4.80 1.00 1.53
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TJN11-261 6.80 15.50 8.70 1.40 North Central Area
----------------------------------------------------------------------------
including 9.30 14.80 5.50 1.61
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TJN11-262 3.00 9.70 6.70 1.04 North Central Area
----------------------------------------------------------------------------
TJN11-264 1.20 6.00 4.80 1.29 North Central Area
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including 3.40 5.00 1.60 1.74
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TJN11-267 0.00 3.30 3.30 1.27 North Central Area
----------------------------------------------------------------------------
TJN11-268 1.50 3.40 1.90 1.95 North Central Area
----------------------------------------------------------------------------
TJN11-269 1.30 12.80 11.50 0.97 North Central Area
----------------------------------------------------------------------------
and 23.10 27.80 4.70 1.10
----------------------------------------------------------------------------
TJN11-270 1.00 16.80 15.80 1.76 North Central Area
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including 6.30 8.50 2.20 2.58
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TJN11-272 2.40 13.30 10.90 1.13 North Central Area
----------------------------------------------------------------------------
including 4.80 6.00 1.20 1.74
----------------------------------------------------------------------------
TJN11-273 0.00 5.00 5.00 0.93 North Central Area
----------------------------------------------------------------------------
TJN11-274 0.00 9.30 9.30 1.13 North Central Area
----------------------------------------------------------------------------
TJN11-275 1.70 2.70 1.00 1.27 North Central Area
----------------------------------------------------------------------------
TJN11-276 8.20 13.40 5.20 1.79 North Central Area
----------------------------------------------------------------------------
and 16.20 18.60 2.40 1.13
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TJN11-278 6.95 7.95 1.00 0.88 North Central Area
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and 14.30 24.50 10.20 1.65
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TJN11-279 0.90 3.60 2.70 1.43 North Central Area
----------------------------------------------------------------------------
TJN11-281 2.90 7.60 4.70 1.07 North Central Area
----------------------------------------------------------------------------
TJN11-282 3.60 10.20 6.60 1.11 North Central Area
----------------------------------------------------------------------------
TJN11-283 1.90 4.30 2.40 1.10 North Central Area
----------------------------------------------------------------------------
TJN11-285 1.90 3.90 2.00 0.83 North Central Area
----------------------------------------------------------------------------
TJN11-286 20.00 22.00 2.00 0.88 North Central Area
----------------------------------------------------------------------------
Sechol - Segundo
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SSG11-001 2.80 9.80 7.00 1.48 Expansion Drilling
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including 6.00 9.00 3.00 2.09
----------------------------------------------------------------------------
SSG11-004 2.30 6.80 4.50 0.95 Expansion Drilling
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SSG11-005 0.00 1.20 1.20 0.91 Expansion Drilling
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and 4.10 7.80 3.70 1.97
----------------------------------------------------------------------------
SSG11-008 0.00 1.40 1.40 0.89 Expansion Drilling
----------------------------------------------------------------------------
SSG11-010 4.90 20.20 15.30 1.32 Expansion Drilling
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including 12.50 16.80 4.30 1.73
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SSG11-011 1.50 12.30 10.80 0.93 Expansion Drilling
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SSG11-012 6.50 20.10 13.60 1.60 Expansion Drilling
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including 11.60 16.60 5.00 2.19
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SSG11-013 5.40 9.30 3.70 0.95 Expansion Drilling
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SSG11-015 1.80 3.90 2.10 1.00 Expansion Drilling
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SSG11-016 0.00 13.00 13.00 1.48 Expansion Drilling
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including 5.10 9.80 4.70 1.87
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SSG11-017 4.80 22.30 17.50 1.16 Expansion Drilling
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including 11.20 14.30 3.10 1.88
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SSG11-018 3.30 13.00 9.70 1.12 Expansion Drilling
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SSG11-019 2.90 8.80 5.90 1.53 Expansion Drilling
----------------------------------------------------------------------------
SSG11-020 1.90 8.70 6.80 1.36 Expansion Drilling
----------------------------------------------------------------------------
SSG11-021 0.00 4.00 4.00 1.42 Expansion Drilling
----------------------------------------------------------------------------
SSG11-022 6.80 16.40 9.60 1.12 Expansion Drilling
----------------------------------------------------------------------------
SSG11-023 7.90 15.10 7.20 1.66 Expansion Drilling
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including 9.60 12.60 3.00 2.20
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SSG11-024 2.80 7.30 4.50 1.24 Expansion Drilling
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SSG11-025 2.30 11.30 9.00 1.66 Expansion Drilling
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including 6.40 9.30 2.90 2.57
----------------------------------------------------------------------------
SSG11-026 1.20 10.30 9.10 1.24 Expansion Drilling
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and 13.10 17.80 4.70 1.68
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SSG11-027 6.30 7.80 1.50 1.35 Expansion Drilling
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SSG11-028 2.20 3.40 1.20 0.84
----------------------------------------------------------------------------
SSG11-029 1.70 5.70 4.00 1.08 Expansion Drilling
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SSG11-030 1.00 9.70 8.70 1.58 Expansion Drilling
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including 3.60 7.20 3.60 1.94
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SSG11-031 0.80 4.80 4.00 1.84 Expansion Drilling
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SSG11-032 2.80 13.80 11.00 1.25 Expansion Drilling
----------------------------------------------------------------------------
including 4.80 6.80 2.00 1.82
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SSG11-033 0.00 1.80 1.80 0.84 Expansion Drilling
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SSG11-034 3.50 10.30 6.80 1.06 Expansion Drilling
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Sechol - Inicio
----------------------------------------------------------------------------
SIN11-299 2.00 15.30 13.30 1.48 Infill for Indicated
----------------------------------------------------------------------------
SIN11-300 0.00 5.20 5.20 1.74 Infill for Indicated
----------------------------------------------------------------------------
SIN11-301 0.90 4.80 3.90 1.62 Infill for Indicated
----------------------------------------------------------------------------
SIN11-302 0.50 8.00 7.50 1.46 Infill for Indicated
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including 3.30 6.80 3.50 1.83
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SIN11-303 0.00 2.80 2.80 0.93 Infill for Indicated
----------------------------------------------------------------------------
SIN11-304 1.20 4.80 3.60 1.63 Infill for Indicated
----------------------------------------------------------------------------
SIN11-306 2.30 3.30 1.00 1.46 Infill for Indicated
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and 5.70 7.80 2.10 1.16
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SIN11-307 1.80 9.40 7.60 1.73 Infill for Indicated
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including 3.50 6.00 2.50 2.25
----------------------------------------------------------------------------
SIN11-308 0.00 6.70 6.70 1.14 Infill for Indicated
----------------------------------------------------------------------------
SIN11-309 0.00 9.50 9.50 1.32 Infill for Indicated
----------------------------------------------------------------------------
including 1.20 4.80 3.60 1.79
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These drill results do not differentiate limonite, transition or
saprolite zone mineralization. A 0.8% Ni cutoff was used to
determine mineralized sample intervals, with one internal
sub-cutoff sample allowed per interval.
The Mayaniquel project comprises mineral exploration licenses
totaling approximately 54,000 hectares in the nickel laterite belt
surrounding Lake Izabal, 120 kilometers northeast of Guatemala
City. The bulk of Anfield's mineral exploration licenses lie
adjacent to the "Fenix Project" owned by Compania Guatemalteca de
Niquel S.A., a subsidiary of HudBay Minerals, Inc.
On September 20, 2010, Anfield announced that it had received an
interim, independent NI 43-101 compliant mineral resource estimate
for the Mayaniquel project. This mineral resource estimate does not
incorporate or reflect the drilling results described above, and is
shown in the table below:
----------------------------------------------------------------------------
Dry Metric Tonnes Nickel Grade Contained Nickel
1% Ni cutoff grade (million) (%) (million pounds)
----------------------------------------------------------------------------
Indicated Resource Category
----------------------------------------------------------------------------
Transition & Saprolite 12.1 1.57 416.4
----------------------------------------------------------------------------
Limonite 7.0 1.14 177.1
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Inferred Resource Category
----------------------------------------------------------------------------
Transition & Saprolite 49.6 1.37 1,494.1
----------------------------------------------------------------------------
Limonite 13.1 1.11 319.6
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Mineral resources do not have demonstrated economic viability.
Andrew Carstensen, CPG, Vice President, Exploration for Anfield,
is the Qualified Person as defined by NI 43-101 for the Mayaniquel
Project and has verified the foregoing data and reviewed and
approved the contents of this news release. The quality
assurance/quality control program is monitored by independent
consultant Dr. Bruce M. Davis, FAusIMM. Logging and sampling are
completed at Anfield's secure facility located at the project.
Drill core is mechanically split on site with sample preparation
completed at a facility at Anfield's exploration compound. Samples
are prepared in accordance with ALS Chemex's standards with pulps
subsequently shipped to their laboratory in Vancouver, Canada for
X-Ray Fluorescence Spectroscopy (XRF) analysis, the common
analytical technique used in nickel laterite exploration. Quality
from the on-site sample preparation lab is monitored by an
independent, rigorous QA/QC program. Anfield also inserts
standards, blanks and duplicates selected on a random basis into
the sample stream and sends 5% of the sample pulps to a check
laboratory in Perth, Australia.
ANFIELD NICKEL CORP.
David Strang
CAUTION REGARDING FORWARD LOOKING STATEMENTS: This news release
may contain "forward-looking statements" within the meaning of the
applicable Canadian securities legislation. Generally, these
forward-looking statements can be identified by the use of
forward-looking terminology such as "plans", "expects" or "does not
expect", "is expected", "budget", "scheduled", "estimates",
"forecasts", "intends", "anticipates" or "does not anticipate", or
"believes", or variations of such words and phrases or state that
certain actions, events or results "may", "can", "could", "would",
"might" or "will be taken", "occur" or "be achieved".
Forward-looking statements are subject to known and unknown risks,
uncertainties and other factors that may cause the actual results,
level of activity, performance or achievements of Anfield Nickel
Corp. to be materially different from those expressed or implied by
such forward-looking statements, including but not limited to:
risks related to the exploration and potential development of the
Company's projects, risks related to international operations, the
actual results of current exploration activities, conclusions of
economic evaluations, changes in project parameters as plans
continue to be refined, future prices of commodities, as well as
those factors discussed in the sections relating to risk factors of
our business filed in Anfield Nickel Corp.'s required securities
filings on SEDAR. Although Anfield Nickel Corp. has attempted to
identify important factors that could cause actual results to
differ materially from those contained in forward-looking
statements, there may be other factors that cause results to be
materially different from those anticipated, described, estimated,
assessed or intended.
There can be no assurance that any forward-looking statements
will prove to be accurate, as actual results and future events
could differ materially from those anticipated in such statements.
Accordingly, readers should not place undue reliance on
forward-looking statements. Anfield Nickel Corp. does not undertake
to update any forward-looking statements that are incorporated by
reference herein, except in accordance with applicable securities
laws.
To view maps of the Tres Juanes Norte, Segundo and Inicio
Targets, please visit the following link:
http://media3.marketwire.com/docs/anfi407.pdf.
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 news release.
Contacts: Anfield Nickel Corp. David Strang + 604 646-1899 + 604
687-7041 (FAX)
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