NBK results leave Castle Rock hopeful

Surface sampling on the NBK property in the Webb Bay area of Labrador is returning some exciting values for Castle Rock Exploration (VSE).

Samples collected from a 60-by-400-metre area all returned highly anomalous nickel-copper-cobalt assays, with values ranging up to 1.9% copper, 1.7% nickel, 0.23% cobalt and 451 parts per billion gold in four separate samples.

“The market likes the cobalt values,” explains President Donald Sheldon, referring to the fact that the price of Castle Rock’s shares almost doubled following the release of the results. Unlike copper and nickel, cobalt does not leach, he points out, and so the good cobalt grades reported in surface samples could indicate higher copper and nickel values in unleached mineralization at depth.

A very-low-frequency electromagnetic profile over the massive sulphide showing has confirmed strong conductivity coincident with the mineralization. Field crews are mapping and prospecting the entire property.

A second, separate occurrence has been discovered 2 km west of the original discovery. The showing returned values of up to 0.81% copper, 0.43% nickel, 0.05% cobalt and 116 parts per billion gold.

An electromagnetic and magnetic survey will be flown over the entire property in the next two weeks, and Castle Rock hopes to begin drilling in August.

Assays from the best grab samples on the first occurrence are as follows: SampleCopperNickelCobaltGold

(%)(%)(%)(ppb)

1170.751.150.1583

1191.000.730.10107

2011.901.210.23451

2020.531.440.1942

2030.531.030.1313

2040.331.210.145

2051.171.700.15112

2091.170.240.16137