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Pivotal Metals (ASX: $PVT) extends high grades at Horden Lake

Pivotal Metals reports high grade copper mineralisation in Quebec, Canada


Pivotal Metals Limited (ASX: $PVT) has announced the assay results of two further drill holes from its 2024 diamond drill program completed at its 100% owned Horden Lake Project in Quebec, Canada. The results reveal the extension of high grade copper mineralisation, with significant gold, silver, palladium, platinum, and cobalt metals delineated. The Managing Director, Mr Fairhall, highlighted the potential for resource growth at depth and the anticipation of increasing the metal content of the resource through inclusion of significant palladium, gold, cobalt, platinum, and silver assays.

Executive Commentary on Horden Lake Project


Down plunge extensions are a key pillar of the significant upside story at Horden Lake. The southern flank of the deposit has only been drilled to around 200m, whereas mineralisation is defined to ~550m in the central portion. These high grade results in the south demonstrate the strong potential for resource growth at depth, with the deposit remaining completely open across its full strike extent. We have a significant amount of news-flow in the pipeline as we release further assays and the results of downhole surveys as they become available.

Summary of Horden Lake Project Extension


Pivotal Metals has successfully extended high grade copper mineralisation at its Horden Lake Project in Quebec, Canada. The results indicate the potential for resource growth at depth, with the deposit remaining open across its full strike extent. The company anticipates increasing the metal content of the resource through inclusion of significant palladium, gold, cobalt, platinum, and silver assays. With consistent news-flow ahead, including results from the remaining diamond drill holes and downhole EM surveys to be released, followed by a mineral resource update and metallurgical test-work in H2, Pivotal Metals is poised for further developments in its exploration endeavors.

PIVOTAL METALS LIMITED
PVT | ASX | Materials
0.022-0.002(-8.33%)
At close 05/07 (AEDT)
Market cap
$16.9M
Volume
4,277,732
DY Yield
0
PE Ratio
4.07
52 Week Range
0.011 - 0.027
1YR Return
N / A

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