Pivotal Metals Limited (ASX: $PVT) has reported the discovery of a newly mineralised zone adjacent to Horden Lake in Quebec, Canada. The results from an airborne magnetic survey and two drill holes have highlighted the regional scale growth potential of the company's 100% owned Horden Lake Project. The discovery includes a 1.8km parallel magnetic anomaly, named 'Horden West', located 400m west of the main Horden Lake trend. The first drill hole into Horden West has shown promising results, indicating the potential for significant mineralisation in this new zone.
The Managing Director, Mr. Fairhall, expressed enthusiasm about the discovery, stating, 'The best place to look for a deposit is next to a deposit. This parallel corridor is a major development in expanding the potential of the project. Previously undrilled, so hitting mineralisation in the first hole is a great first step in developing this into a potentially significant target source of feed to complement the main Horden Lake deposit. Like our successful down-plunge step-out drilling, these are important evidence of the significant potential to enlarge the resource base and bulk-up what is already a sizeable and compelling copper development opportunity.'
Pivotal Metals' discovery of a new mineralised zone, 'Horden West', and the potential 600m strike extension south of Horden Lake demonstrates significant growth potential for the Horden Lake Project in Quebec, Canada. The company's ongoing work program, including pending assay results, metallurgical testwork, and planned geophysics and drilling, indicates a strong commitment to further investigating and developing the newly discovered mineralised structure and the potential strike extension. The Managing Director's positive outlook on the discoveries and the project's copper dominant Cu-Ni-Au-PGM-Co nature underlines the company's ambitions to expand its resource base and capitalize on the compelling development opportunity at Horden Lake.