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| | Overview First Nickel's target is a Voisey's bay style nickel / copper/ PGE deposit A single purpose unincorporated Joint Venture Agreement has been established between the Company and Pacific Northwest Capital Corp on the Raglan Hills Property to participate in the exploration and evaluation, and if feasible, the development of the mining and mineral resources on a 50% - 50% participation basis. Historic exploration began in the area in 1897 by the Geological Survey of Canada with at description of a nickel-copper showings referred to as the Landolac showing and a description of the Raglan Showing by the Ontario Government in 1944. Most of the exploration activity occurred on the property in the 1950's and included geological mapping, ground geophysics and approximately 3,000 metres of shallow diamond drilling in 32 plus holes. One drill hole completed by Raglan Nickel Mines Ltd. intersected 30 feet of 0.25% copper and 0.32% nickel and included 4 feet of 0.77% copper and 1.08% nickel. In the 1980's, a program of geological mapping, petrographic studies and a ground magnetometer survey were completed exploring for favourable environments for platinum group element (PGE) mineralization. Property The Raglan Hills Property, comprising 2,752 hectares of mining rights in a single contiguous block representing 21 unpatented mining claims in Raglan, Mayo and Carlow Townships, Renfrew County, Ontario. The property is located approximately 32 kilometres east-northeast of Bancroft, Ontario and is accessed via unpaved roads connecting to Highway 28.
The Raglan Hills Property is underlain by gneissic carbonate meta-sediments, gneissic siliceous meta-sediments, felsic to intermediate meta-volcanic rocks all intruded by sill-like bodies ranging from granites to diorites. The main intrusive body within the property package is the Raglan Hills Meta-Gabbro Complex that is dominated by meta-gabbro with mafic and ultramafic schists. The units identified within the property boundaries all fall within the Grenville Province and have been exposed to high grade regional metamorphism. The area has undergone folding and recrystallization associated with the metamporphism with a northeast structural trend. The area is cross-cut by several west-northwest and northeast trending brittle faults. Mineralization Four nickel-copper showings have been identified within the Raglan Hills intrusive complex hosted in meta-gabbro to meta-pyroxenite containing up to 30% pyrite, pyrrhotite, pentlandite and chalcopyrite. The four sulphide occurrences have been named the Landolac, Ameranium, Genricks Lake and Raglan showings. Based on the association of nickel-copper sulphide mineralization with more mafic pyroxenite bearing rocks, the Company believes potential exists within the conduit system that supplied the magma to the Raglan Hills Intrusive for larger accumulations of nickel-copper sulphide mineralization.
A 1,750 line kilometre airborne geophysical survey consisting of a magnetometer survey and AeroTem III electromagnetic system was completed on the Raglan Hills Property in early 2008. The survey was flown on a 100 metres spaced grid in a north-south orientation at a height of approximately 30 metres above the surface. Reconnaissance mapping and prospecting is being completed on the property, visiting the known nickel sulphide occurrences and the airborne. | | 
Raglan Hills
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