Completes 15 Holes At East Bull Lake Palladium Property
A very active Grid Metals Corp. (TSXV:GRDM) has a full on programme of exploration activities at its East Bull Lake palladium and Bannockburn Township nickel properties in Ontario.
At East Bull Lake the company has completed 13 drill holes on the Central Parisien Lake Zone and two drill holes in a new target area located approximately 400m to the south.
The new drilling includes step out holes to the west and east from the the Central Parisien Lake Zone discovery hole and covers a strike length of approximately one kilometre.
Drill core is currently being logged and split at the company’s core facility in Massey, Ontario.
Meanwhile, a drill programme is set to commence at the Bannockburn Nickel Property.
Grid has now signed a drill contract to complete approximately 2,000m of drilling at Bannockburn.
The programme will focus on the bulk tonnage B Zone target – a direct analogue to Canada Nickel Company’s Crawford Nickel deposit, which is also located in the Timmins area.
A drill permit has been received and drilling is expected to commence within the next few weeks, subject to road conditions.
The drill programme will cover one kilometre of prospective strike length with the objective of confirming nickel grades and widths. A composite core sample from the new drilling will be submitted for mineralogical and metallurgical testing to assess potential nickel recoveries and concentrate grades.
Previous metallurgical test work on B Zone core highlighted the potential for a very high grade (~30%) nickel concentrate. More information on the drilling plans will provided in future.
Both the East Bull Palladium Property and the Bannockburn Nickel Property exploration programmes are being directed by Dr. Dave Peck, P.Geo. Dr. Peck has considerable international experience in platinum group metal and nickel exploration through his previous senior roles with Falconbridge Limited, the Anglo American group and North American Palladium (now Impala Canada) – former owner of the sole operating palladium mine in Canada.
