IC Capitalight Corp. Announces Promising Blue Lake Assay Results

TORONTO, ON / ACCESSWIRE / July 24, 2024 / IC Capitalight Corp. (CSE:IC) revealed final assay results from a site visit to its Blue Lake Cu Ni Pt Pd property, located northeast of Schefferville, Quebec. Conducted in late May 2024, the visit assessed necessary claims through grab samples.

Samples showed significant mineralization: a semi-massive sulfide grab from Blue Lake adit stockpile graded 7.67% Cu. Of the 72 samples taken, 48 exceeded 100 ppb Pt+Pd, highlighting widespread PGE values. Notably, the Nancy Lake South showing had a sample result of 292 ppb Pt+Pd, 0.21% Cu, and 0.18% Ni.

IC Capitalight has expanded the property to 993 claims over 488 sq. km and plans intensive exploration. Engagement with local communities is ongoing, focusing on mutually beneficial relationships.

Historically, the Blue Lake site has been serviced by winter road access from Schefferville, presenting economic advantages for future development. The potential for significant discoveries has invigorated the company's exploration efforts.