Grid Metals Corp. (TSXV: GRDM | OTCQB: MSMGF) has received exploration permits and has commenced a maiden drill programme at the Eagle gabbro target, located within the company’s MM copper/nickel project in southeastern Manitoba. The Eagle gabbro is located at the eastern end of the >20km long Mayville-Eagle complex – host to the Company’s 32.0Mt Mayville Cu-Ni (PGM) deposit.
Subsequent to drilling in the 1950s, very little exploration has been done at the historical New Manitoba deposit area, located at the southeast end of the Eagle gabbro.
In tandem with the drill programme, ground IP and two deep penetrating, high-resolution airborne magnetic-EM surveys will also be completed, which the company is fully funded to complete alongside the Eagle drill programme. Initial assays are expected to be received by mid November.
Robin Dunbar, Grid’s CEO & president, stated “We are pleased to see the drill rig turning at the prospective Eagle gabbro trend where we see the potential to outline copper-dominant mineralization in several areas over the >4km target trend being tested. The Eagle gabbro sits entirely outside of our current 32Mt indicated open-pit resource at Mayville and provides additional resource upside for the MM project. We are looking forward to assays returning early next month and will update the market accordingly.”
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