Pure Nickel Inc announced that it has commenced drilling on its 100% owned Salt Chuck, Alaska property. Approximately 2,000 meters of drilling is planned in 5 to 8 drill holes with the objective of determining the source of geochemical and geophysical anomalies previously identified on the property. The program is expected to run until the middle of September 2012.

The Salt Chuck property consists of 146 contiguous federal lode mining claims located on Prince of Wales Island on the Alaskan Panhandle. The island is accessed by ferry service, and direct access to the property is by well-maintained US Forest Service roads and by water.

The Salt Chuck mine was the largest producer of palladium in the United States while it was in production from 1916 to 1941. It produced approximately 300,000 metric tonnes of ore, reported by US government summaries (1948) to be 0.95 % copper, 1.96 grams per tonne palladium, 1.12 grams per tonne gold and 5.29 grams per tonne silver.

Source - Pure Nickel Inc

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