Prospector Metals Corp. (TSXV: PPP) has made a discovery with diamond drilling at the Readout Prospect within the company’s wholly-owned district scale Whitton Ni-Cu-PGE Project in Ontario.
The 2023 maiden drill programme consisted of four NQ-sized diamond drillholes totalling 826.40m to test the Roadcut Pt-Pd target and the Whitton Ni-Cu sulphide target.
Roadcut Discovery Drilling Highlights
- Two drill holes totaling 245.67m were completed at the Roadcut target, where sampling by Prospector in 2021 identified anomalous Pt and Pd surface / outcrop mineralization within a previously unrecognized and unmapped mafic intrusive complex, now known as the “Roadcut Complex.”
- The two Roadcut holes were spaced approximately 100m apart, were completed to test the anomalous surface Pt and Pd results located on the northwestern margin of the Roadcut Complex. Both drill holes returned significant intervals: 23WL003: 0.49g/t Pt+Pd over 10.50m from 14m, and 23WL004: 0.46g/t Pt+Pd over 14.40m from 5.60m. Initial interpretations suggest the holes intersected a single, continuous zone associated with a non-magnetic gabbroic border phase of the Roadcut Complex. These are the first ever drill holes at Roadcut and mineralization is open along trend and at depth.
Prospector currently has field crews mobilized back to the Roadcut area in order to expand the surface expression of the mineralized zone and define further drill targets. Crews are also conducting property-wide evaluations to possibly identify additional mafic complexes similar to Roadcut.
“The maiden drill programme at Roadcut successfully intersected a previously unknown and highly anomalous Pt+Pd bearing altered and mineralized gabbro; an encouraging positive step forward for a project that has seen little systematic exploration in the past. We are eager to resume prospecting to expand this exciting new discovery,” Co-Chairman, Dr Rob Carpenter, said.”
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