Pivotal Metals Limited (ASX:PVT) has announced the expansion of its Horden Lake Project in Quebec, with very high grades in shallow step-out drilling confirming the widening resource envelope and continuity of the wide mineralised contact zone across the deposit. The results from the 2024 drilling program demonstrate the potential for expanding the open-pittable deposit and the continuity of mineralisation, indicating a positive outlook for the company's future growth.
Managing Director, Ivan Fairhall, expressed his satisfaction with the latest drilling results, highlighting the expansion of the Horden Lake deposit in multiple directions. He emphasized the significance of the high precious and PGM content in the results, underlining the quality and prospectivity of the entire project. Fairhall also mentioned the company's plans for a resource update scheduled for Q4 2024 and the intention to continue growing the asset through future programs.
The recent drilling program at Horden Lake has confirmed the robust open-pittable nature of the deposit, with every hole returning significant mineralised intersections along the 2,100m mineralised contact zone. The presence of strong EM conductors supports the depth extension from existing resource zones, indicating the potential for resource growth. The upcoming metallurgical testwork and resource update, along with geophysical surveys targeting massive sulphide accumulation, reflect Pivotal Metals' commitment to further develop and expand the Horden Lake Project.