Mink Ventures Corporation announced that it has commenced the exploration program at its 40 km2 Montcalm nickel copper cobalt project located adjacent to Glencore's historical Montcalm Mine, 65 km northwest of Timmins, Ontario. The exploration program is expected to run through the end of March and will include an extensive program of advanced geophysics, both borehole and ground induced polarization (IP) followed by a diamond drill program. All permits are in place and drill contractors and crews secured.

The geophysical crew is currently on site. Significant advances in geophysical technology have enabled deeper penetrating systems with incredible clarity. Mink is benefitting from the work of previous operators who left numerous electromagnetic (EM) targets unexplained or untested.

Mink will be conducting borehole geophysical surveys down some of these historical drill holes. Borehole IP systems now have the capability to see a 250 meters radius around a borehole and significantly below the end of the hole, which offers an extremely cost-effective way of evaluating targets at depth. The deepest known Ni Cu Co lenses at the Mine extend from approximately 250-400 meters vertical depth.

Further, historical work at the Glencore mine site demonstrated that in addition to the higher-grade Ni Cu Co lenses, there is potential for disseminated mineralization. In some instances, this type of mineralization is associated with a magnetic high and no coincident EM response (ex. Hole MAC9731 see Fig.2).

Numerous magnetic targets of this nature are present on Mink's claims both within the Hook Zone and across the southern portion of the property, and represent valid exploration targets. Mink's claims cover very prospective geology including approximately 10 km2 of the gabbro phase of the Montcalm gabbro complex. The gabbro phase of the complex hosted the former Montcalm Mine.

Mink's project covers approximately 40 km2 and surrounds the former Glencore Montcalm Mine which had historical production of 3.93 million tonnes of ore grading 1.25% Ni, 0.67% Cu and 0.051% Co (Ontario Geological Survey, Atkinson, 2010). The project has excellent access and infrastructure including an all-weather road to the property, a series of logging roads throughout, as well as a power line, and proximity to the Timmins Mining Camp, enabling cost-effective mobilization and exploration. Exploration Program Details: Disseminated anomalous nickel and copper mineralization is present over a significant width within the Hook Zone (historical hole WTM0512); the mineralization is coincident with a distinct magnetic anomaly and proximal to a number of unexplained historical EM targets including an unexplained EM target in hole WTM0512 itself.

Borehole IP surveying will be conducted in the western part of the Hook Zone including hole WTM0512 as well as in a series of surrounding historical holes. This survey work will allow for target evaluation radius of approximately 250 meters around each borehole and to a significant distance below the end of each hole. The borehole IP surveying will allow for evaluation and better targeting of previously unexplained EM targets within historical holes and seek zones of disseminated mineralization.

The borehole IP will also cost effectively evaluate the potential for deeper targets below 200 vertical meters.