Pivotal Metals (ASX: $PVT) Horden Lake drilling update

Pivotal Metals Limited (ASX: $PVT) has completed 33 holes for 7,014 metres of diamond drilling at its 100% owned Horden Lake project in Quebec, Canada. The program targeted grade and tonnage opportunities within the 412 kt CuEq (27.8mt at 1.5% CuEq) Indicated and Inferred Resource. Logging and assay are in progress, with first assay results expected shortly and to be released progressively during Q2 2024. The extensive 21 hole downhole EM geophysical survey is in its final stages of completion, aiming to show resource growth potential around the defined Resource, which was open along NE-SW strike and down-plunge directions.

Pivotal Metals Managing Director, Mr Fairhall, on Horden Lake drilling

We are proud to be wrapping up our successful drilling and downhole geophysics program on schedule at Horden Lake - the first since Pivotal's acquisition of the property. Our strategy to target grade and tonnage increases on the project is firmly intact, and we look forward to sharing the results shortly. This work program sets us up for a busy 2024 as we work towards a resource update, metallurgical testwork, and follow up drilling to continue to grow the already significant mineral endowment. I would like to thank our in-country team and contracting partners for a safe and well executed program.

Horden Lake drilling summary and outlook

Pivotal Metals (ASX: $PVT) has successfully completed the drilling and downhole geophysics program at its Horden Lake project in Quebec, Canada. The company's strategy to target grade and tonnage increases on the project remains intact, with plans for a resource update, metallurgical testwork, and follow-up drilling in 2024. The first assay results are expected shortly and will be released progressively during Q2 2024. The completion of the extensive downhole EM geophysical survey aims to show resource growth potential around the defined Resource, which was open along NE-SW strike and down-plunge directions. Pivotal Metals continues to focus on advancing its mineral projects and aims to capitalize on the significant mineral endowment at Horden Lake.