Pinnacle Minerals Ltd (ASX: $PIM) has announced the successful definition of cohesive heavy mineral (HM) mineralisation at the Capel Mineral Sands Project in Western Australia. The drilling program has identified mineralisation up to a maximum strike length of approximately 2.5 kilometres, with final assays from the 2,067m, ninety-five (95) hole, aircore drilling program received. The results include intercepts such as 4.9% HM over 6m from 15m downhole and 4.5% HM over 5m from surface, confirming the presence of significant mineralisation.
The drilling campaign has successfully defined cohesive heavy mineral (HM) mineralisation over a strike length of approximately 2.5 kilometres. Intercepting both strandline and dunal HM mineralisation at surface certainly assists the potential of the project.
Pinnacle Minerals Ltd (ASX: $PIM) has reported further mineral sands exploration results at the Capel Mineral Sands Project in Western Australia. The drilling program has defined cohesive heavy mineral (HM) mineralisation over a significant strike length, with intercepts confirming the presence of substantial mineralisation. The company is currently reviewing and modelling the entire data set of assay results to determine the next steps in advancing the project. The successful definition of mineralisation and the identification of shallow strandlines and localised moderate grade, dunal HM mineralisation indicate the project's potential. Pinnacle Minerals aims to deliver exploration success via systematic and geologically rigorous techniques, with a focus on its Adina East Project in James Bay, Quebec, and Australian exploration assets prospective for Uranium, Rare Earth Elements, and Heavy Mineral Sands. The company's outlook remains subject to exploration success and pending developments in the mineral sands project.