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Pivotal Metals unveils high-grade Cu-Ni-PGM results from maiden drilling at Belleterre
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Results support the presence of a significant magmatic sulphide system
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Drilling at Belleterre remains ongoing, an MRE update and scoping study at Horden Lake also advancing
Special Report: Pivotal Metals has delivered high-grade copper, nickel and PGM results from initial drilling at its wholly owned Belleterre project in Québec.
The 160km2 Belleterre tenure hosts several deposits and mineral occurrences across three licence areas: Midrim, Lorraine and LaForce.
Each of these prospects contain high-grade Cu-Ni-PGM mineralisation associated with gabbroic intrusions and magmatic sulphide systems.
Initial results from the drilling cover five holes at Midrim, targeting electromagnetic anomalies at the Alotta and Midrim East prospects.
At Alotta, one hole delivered “exceptionally” high grades across multiple sulphide zones.
It intercepted 21.8m at 1.3% Ni, 1.0% Cu and 1.3g/t 3PGE from 73m, including a richer 4.7m section grading 2.7% Ni, 1.7% Cu and 2.4g/t 3PGE from 85.3m.
A deeper sulphide zone returned 5.2m at 0.57% Ni, 0.93% Cu and 1.0g/t 3PGE from 104m.
Pivotal Metals (ASX:PVT) said that the mineralisation is consistent with historical drilling, which included samples grading as high as 22% Cu and 33.8g/t Pd.
The company added that characteristics of the sulphide mineralisation intercepted at Alotta supports a remobilised emplacement model, with the primary source yet to be identified.
“These results underscore our excitement for the Belleterre project area.” noted Pivotal Metals managing director Ivan Fairhall.
“The exceptional tenor of mineralisation defined over a wide area, is evidence of a significant mineralising system targeted by our ongoing exploration programs.”
“These results have advanced our understanding of the mineralisation and contribute our expanded targeting across the broader Midrim-Alotta-LacCroche trend at Belleterre.”
Ongoing drilling
Management considers Belleterre to be highly prospective yet underexplored, with nine known high-grade magmatic sulphide deposits defining a regional mineralised corridor.
The ongoing drill program forms part of a broader systematic exploration strategy, aimed at identifying the source of multiple high-grade sulphide occurrences through modern geophysical techniques integrated with historical drilling data and surface geochemistry.
Pivotal is using an integrated geophysical targeting approach for detecting sulphide accumulations under cover, noting that this method is directly applicable to its broader strategy of uncovering new orebodies at Belleterre.
All up, the company expects to drill between eight and 12 geophysical anomalies this year.
It recently completed drilling to support the first ever DHEM survey at the LacCroche prospect, with the rig currently drilling an undrilled 200m by 400m conductor at the Shanty Lake prospect.
Momentum builds at Horden Lake
Pivotal is also advancing a resource update for its Horden Lake copper project in Québec, which currently hosts an MRE totalling 37mt at 1.1% CuEq.
Most of the resource is contained within a potential open-pit shell and benefits from valuable by-products including nickel, gold, palladium, platinum, silver and cobalt.
Management said the updated MRE is in the final stages of review and is expected to be released later this month.
It will underpin a scoping study for Horden Lake, which is scheduled for release in the third quarter of this year.
This article was developed in collaboration with Pivotal Metals, a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.
Originally published as Pivotal Metals strikes high-grade copper, nickel and PGMs at Belleterre
