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December 19, 2007

Trading Symbol: TSX.V-HNC

 

Hard Creek Nickel intersects 20 metres of 0.24% Ni and 0.60 g/t Pt + Pd in new discovery area

Hard Creek Nickel Corp. is pleased to provide analytical results for an additional 8 diamond drill holes, totaling 1,888 metres (6,194 feet) from the recently completed 75 hole drilling program at its 100% owned Turnagain Project, located 70 km (43.5 miles) east of Dease Lake in British Columbia. Results for 35 of the drill holes have now been released with the analytical results for the remaining 40 holes to be reported when they are received.

Results are reported from exploration holes in the Mandible, Central and Cliff areas. Drill hole locations can be viewed on a plan map at www.hardcreeknickel.com/plan.htm.

�Drilling of the three exploration targets this year resulted in the discovery of a new combined PGE and nickel mineralized zone which is over two kilometres east of the main Horsetrail deposit,� said Mark Jarvis, President of Hard Creek Nickel. �The Cliff mineralization is very similar to the new PGE � nickel drill intersections recently reported on ZoneNovember 27, 2007 in the Horsetrail deposit.

�We have now identified two totally separate areas which host both nickel and platinum-palladium mineralization. The potential to include platinum and palladium as a portion of our overall resource in two separate areas could be very significant. Close spaced drilling will be required during the next drill season to determine the significance and extent of this mineralization.�

Holes 07-236, 237 and 238 were drilled in the Cliff area, located approximately 2.5 kilometres (1.5 mile) east of the main Horsetrail zone. A 1997 hole, located 600 metres (1,969 feet) east of hole 07-237 and oriented to test the depth extension of net-textured sulfides located adjacent to the ultramafic-phyllite contact, intersected 50 metres (164 feet) of elevated platinum and palladium, including nine 2 metre (6.5 feet) long samples with greater than 500 ppb (0.50 grams/tonne) combined platinum and palladium. Pt/Pd ratios are consistently close to 1:1.

A number of electromagnetic conductors, located in the southern portion of the Cliff ultramafic body, remain untested as do several other sulfide bearing rock outcrops. To date, only seven drill holes have tested the 0.6 by 2 kilometre (0.4 x 1.2 mile) Cliff ultramafic body. Two holes drilled in this area in 2007 remain to be reported.

Both holes 07-230 and 231 were drilled in the Mandible area approximately 4 kilometres (2.5 miles) northwest of the main Horsetrail zone. These holes tested areas of dunite where surface sampling indicated the presence of finely disseminated pentlandite, containing 0.1 - 0.2% nickel in sulfides.

Holes 07-233, 234 and 235 were drilled in the Central area, located approximately 3 kilometres (1.9 mile) northwest of the main Horsetrail zone, to test mineralized wehrlite outcrops, the source of mineralized float and a weak airborne electromagnetic anomaly.However, drilling indicated the diorite-granodiorite intrusion and its peripheral dykes were more extensive than originally interpreted, significantly reducing the volume of favourable ultramafic rocks.

The total nickel values reported in the table below include nickel in both sulfide and non-sulfide minerals.

 

 

 

 

 

Length

Total

Total

Pt

Pd

Pt+Pd

Area

Hole #

 

From (m)

To (m)

(m)

Ni %

Co %

ppb

ppb

ppb

 

 

 

 

 

 

 

 

 

 

 

Cliff

07-236

No significant results

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

07-237

 

112

140

28

0.25

0.021

123

129

252

incl

112

124

12

0.25

0.015

170

170

340

 

148

168

20

0.24

0.015

284

316

600

 

204

216

12

0.21

0.014

332

297

629

incl

204

208

4

0.20

0.014

611

591

1202

 

 

 

 

 

 

 

 

 

 

07-238

 

6.5

16

9.5

0.17

0.014

123

175

298

 

 

 

 

 

 

 

 

 

 

 

Central

07-233

No significant results

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

07-234

 

48

60

12

0.23

0.011

 

 

 

 

 

 

 

 

 

 

 

 

 

07-235

No significant results

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mandible

07-230

No significant results

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

07-231

No significant results

 

 

 

 

 

 

Given the limited amount of drilling in these exploration areas, the true widths are not known, however they have been estimated to be approximately 80 percent of reported core intervals. Samples for analysis were generally 4 metres in length of split NQ-size core.Reference pulps with known nickel, copper, platinum and palladium values were inserted every 25 core samples and rock blanks inserted every 30 samples to monitor laboratory performance as part of the QC/QA program.

Total nickel and cobalt values were determined by ICP emission spectrometry following four acid digestion of a representative pulp sample. Platinum and palladium values were determined by ICP emission spectrometry following lead-collection fire assay fusion of a 30 gram pulp. All analytical work was conducted by Acme Analytical Laboratories Ltd., an ISO 9001 registered facility, located in Vancouver. IPL, an ISO 9001 registered facility, also located in Vancouver, is carrying out check analyses on ten percent of the samples.

The Turnagain Nickel Project resource has been recently estimated (see December 10, 2007 News Release for details) with the measured and indicated resource estimated at 489 million tonnes grading 0.22% total nickel (0.16% nickel in sulfides) and 0.012% cobalt and an additional inferred resource of 560 million tonnes grading 0.20% total nickel (0.15% nickel in sulfides) and 0.011% cobalt. The sulfide nickel and cobalt grades are based on an analytical procedure employed by Acme Laboratories that consists of a concentrated hydrogen peroxide plus ammonium acetate leaching solution that is believed to be selective at dissolving nickel and cobalt from sulfide mineral species while leaving the nickel and cobalt in silicates undissolved. As a precautionary step all the sulfide nickel grades were assigned a value of zero if the corresponding sulphur assay was less than 0.2% S. Sulphur assays were based on Leco furnace method except for results obtained in 2006 which were ICP analysis. This precaution may cause an underestimation of the nickel resource and could be large enough to be a material impact. However, this approach limits the possibility that an overestimation of the nickel resource has occurred. Mineral resources that are not mineral reserves do not have demonstrated economic viability.

This news release has been reviewed and approved by Neil Froc, P.Eng., a qualified person consistent with NI 43-101.�

On behalf of the Board of Directors of Hard Creek Nickel Corporation
�MARK JARVIS�

MARK JARVIS, President


The TSX Venture Exchange does not accept responsibility for the accuracy or adequacy of this news release.

1060 � 1090 W. Georgia St., Vancouver, BC, Canada V6E 3V7
T: 604-681-2300 F: 604-681-2310
E:
info@hardcreek.com W: http://www.hardcreeknickel.com

 


 

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Hard Creek Nickel Corp

EN DÉVELOPPEMENT
CODE : HNC.TO
ISIN : CA4116371010
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Financements de Hard Creek Nickel Corp
27/11/2012Completes Non Brokered Private Placement
22/10/2012Announces Non Brokered Private Placement
15/03/2012Completes Non Brokered Private Placement
02/03/2012Completes Second Tranche of Non Brokered Private Placement
24/01/2012Amends Non Brokered Private Placement
09/01/2012Announces Non Brokered Private Placement
03/04/2008Private Placement Warrants Extended
30/10/2007Exercised Warrants
Attributions d'options de Hard Creek Nickel Corp
17/02/2011Grants 100,000 stock options to Corporate Communications Con...
27/01/2011925.000 stock options granted at $0.50
19/10/2009Stock Options Granted
04/07/2008Stock Options Granted
01/04/2008Stock Options Granted
01/11/2007Grants Stock Options
Nominations de Hard Creek Nickel Corp
17/02/2011Appoints Corporate Communications Consultant for Germany
31/10/2007 Appoints Ed Beswick as Environmental Director
Projets de Hard Creek Nickel Corp
05/12/2011oration: 2011 Preliminary Economic Assessment Filed on SEDAR
24/02/2011(Turnagain).: Environmental Approval for Northwest Transmission Line
09/02/2011(Turnagain) Metallurgical Report Confirms Significantly Improved Flotat...
25/05/2009(Turnagain)Increases Measured Resource to 213 Million Tonnes
14/01/2008(Turnagain) Drilling Expands on Platinum & Palladium Discoveries
10/12/2007(Turnagain) Preliminary Assessment Shows Potential 29 Year Mine Life
28/11/2007(Turnagain)Drills 0.70% nickel with 0.48 g/t Pt+Pd over 8.0 metres
25/09/2007(Turnagain)drills 120 metres of 0.33% nickel
13/08/2007(Turnagain)drills 292 metres of 0.28% nickel
25/07/2007(Turnagain)Third Drill Rig Arrives at Hard Creek Nickel Property
Communiqués de Presse de Hard Creek Nickel Corp
17/06/2013oration: Report of Voting Results
06/05/2013Adopts Advance Notice Policy for Director Nominations
04/01/2013oration: Stock Options Granted
03/07/2012oration: Report of Voting Results
01/06/2012oration: Amended and Restated March 31, 2012 Financials
23/11/2011Airing on BTV November 26th & 27th
31/10/2011to Present at The America's Nickel Conference
20/10/2011oration: Updated Preliminary Economic Assessment Models Prod...
13/07/2011oration: Stock Options Granted
07/07/2011oration; Correction to June 30th, 2011 News Release: Amended...
30/06/2011oration: Amended and Restated March 31, 2011 Financials
13/06/2011Adjourns AGM to July 6, 2011
11/05/2011Former Diamond Fields President Joins Hard Creek Board
14/04/2011Airing on BTV April 16 and 17th, 2011
07/04/2011oration: Metallurgical Tests for Cliff Zone Show Significant...
23/03/2011oration: Stock Options Granted
16/03/2011oration: Metallurgical Regime Robust for Average Turnagain N...
12/03/2010David Pescod's Stocktalk Hard Creek Nickel
21/09/2009Northern Miner: B.C. to Build $400M Transmission Line
18/09/2009Vancouver Sun: B.C. Will Build $404M Power Line
16/09/2009NORTHWEST TRANSMISSION LINE NEWS
20/03/2009Northwest First Nations Leaders Meet to Discuss Northwest Tr...
26/01/2009President's Letter to Shareholders - January 2009
18/04/2008Northwest Power Line Preliminary Findings Released
31/03/2008Northwest Power Line Study to Dease Lake Announced
26/03/2008 funds Carbon Sequestration Research
29/02/2008 Drills 64 Metres of 0.47% Nickel
12/02/2008President's Letter to Shareholders
19/12/200720 metres of 0.24% Ni and 0.60 g/t Pt + Pd intersected in ne...
23/08/2007Files Reports in U.S.
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