- Write by:
-
Tuesday, April 30, 2019 - 12:56:11 PM
-
800 Visit
-
Print
Mining News Pro - North American Palladium of Toronto has expanded the platinum group metals zone at the Sunday Lake property, 25 km northeast of Thunder Bay and 60 km south of NAP’s Lac des Iles mill.
According to Mining News Pro - The current campaign is focused on a large PGM zone and copper-nickel sulphide mineralization in the deeper portions of the Sunday Lake mafic-ultramafic intrusion.
NAP is the operator and earning a 75% interest at Sunday Lake, and Transition Metals Corp. owns the remaining 25%.
The best assays to date have been returned from recent drilling. Here are some highlights:
Hole SL-19-026: 41.2 metres with 3.22 g/t platinum, 2.08 g/t palladium and 0.23 g/t gold, 0.57% copper and 0.19% nickel, including 15.8 metres of 9.11 g/t PGMs with 0.88% copper and 0.24% nickel, including an 8.3-metre subinterval grading 13.06 g/t PGM, 1.23% copper and 0.32% nickel;
Hole SL-19-29: 32.0 metres with 3.35 g/t PGM, including 8.2 metres of 5.44 g/t PGM and 0.52% copper;
Hole SL-19-25: 14.8 metres with 2.33 g/t PGM and 0.29% copper, including 2.3 metres with 4.11 g/t PGM and 0.48% copper and 1.6 metres with 5.18 g/t PGM and 0.70% copper; and
Hole SL-19-30: 20.61 metres with 1.87 g/t PGM, including 5.5 metres of 3.67 g/t PGM and 0.83% copper.
Based on prior drill results, NAP believes the PGM and base metal mineralization is a near continuous blanket with a north-south extent of about 1.5 km and an east-west extent of 900 metres.
Short Link:
https://www.miningnews.ir/En/News/365472
![Palladium output cuts needed to bolster market, Northam CEO says](/Incsys/Photo.aspx?image=/Uploads/News/20240606202327250.jpg&width=236&height=180)
Palladium prices won’t recover unless the mining industry cuts supply further, according to the boss of a South African ...
![Nornickel forecasts lower global nickel surplus, bigger palladium deficit](/Incsys/Photo.aspx?image=/Uploads/News/20240606195950878.jpg&width=236&height=180)
Russian mining and metals giant Nornickel on Thursday lowered its forecast for the global nickel surplus this year, but ...
![Nornickel forecasts lower global nickel surplus, bigger palladium deficit](/Incsys/Photo.aspx?image=/Uploads/News/20240601222447230.jpg&width=236&height=180)
Russian mining and metals giant Nornickel on Thursday lowered its forecast for the global nickel surplus this year, but ...
![BHP insists Anglo American’s South African assets must go in any takeover](/Incsys/Photo.aspx?image=/Uploads/News/20240509223014918.jpg&width=236&height=180)
BHP’s plan to divest the South African assets of its target Anglo American are key to the strategy behind the proposed ...
![Anglo CEO meets South Africa mines minister after BHP’s takeover proposal](/Incsys/Photo.aspx?image=/Uploads/News/20240506143923764.jpeg&width=236&height=180)
Anglo American CEO Duncan Wanblad is meeting on Friday South African mines minister Gwede Mantashe for the first time ...
![Potanin’s Interros calls Rusal claims about Nornickel asset sales ‘unfounded’](/Incsys/Photo.aspx?image=/Uploads/News/20240422224313847.jpg&width=236&height=180)
Interros, Nornickel’s largest shareholder, on Monday called allegations by fellow shareholder Rusal about undervalued ...
![Africa to play ‘huge role’ in US critical mineral strategy, says Treasury’s No. 2](/Incsys/Photo.aspx?image=/Uploads/News/20240317224603085.jpg&width=236&height=180)
The United States is looking to Africa to help loosen a Chinese stranglehold on battery metals and reduce Russia’s ...
![Precious metals may be replaced by iron, manganese, cobalt in “green” catalysts](/Incsys/Photo.aspx?image=/Uploads/News/20240315211034561.jpeg&width=236&height=180)
A researcher at the Leibniz Institute for Catalysis in Rostock has developed new methods for the synthesis of drug ...
![Sibanye falls to $2 billion loss, weighs capital raise if metal prices worsen](/Incsys/Photo.aspx?image=/Uploads/News/20240307003258054.jpg&width=236&height=180)
Sibanye Stillwater on Tuesday reported a $2 billion annual loss and scrapped its final dividend, hurt by a slump in ...
No comments have been posted yet ...