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Clean Air Metals Inc. Announces Initial Assays from Phase 1 Drilling on the Escape Lake Intrusion at Thunder Bay North, including 78.9m of 1.66ppm (g/t) Platinum and 2.17ppm (g/t) Palladium
Thunder Bay, Ontario--(Newsfile Corp. - June 17, 2020) - Clean Air Metals Inc. ( TSXV: AIR ) (...
About this update from Clean Air Metals, Inc.
[{"type":"text","content":"Clean Air Metals Inc. Announces Initial Assays from Phase 1 Drilling on the Escape Lake Intrusion at Thunder Bay North, including 78.9m of 1.66ppm (g/t) Platinum and 2.17ppm (g/t) PalladiumThunder Bay, Ontario--(Newsfile Corp. - June 17, 2020) - Clean Air Metals Inc. (TSXV: AIR) (OTC: CLRMF) (\"Clean Air\" or the \"Company\") is pleased to announce new assays from the Phase 1 minimum 10,000m diamond drilling campaign on the Escape Lake Intrusion portion of its Thunder Bay North Project announced May 22, 2020. Two holes from the current Phase 1 drill program previously announced by the Company are combined with results from six fully validated and previously unreported drill holes obtained from the former project operator (Table 1). The Company will host an Investor Update Webinar today June 17, 2020 at 11amET to discuss these results. See details and Registration Link below.Highlight intercepts include Clean Air Hole ELR20-003 which intersected 78.9m of 1.66ppm (g/t) Platinum, 2.17ppm (g/t) Palladium, 0.8% Copper and 0.41% Nickel, including 20.0m of 3.3ppm (g/t) Platinum, 4.49ppm (g/t) Palladium, 1.54% Copper and 0.84% Nickel. A previously unreported and fully validated historic Drill Hole 12CL0009 reported an assay interval of 33.4m of 3.01ppm (g/t) Platinum, 4.08ppm (g/t) Palladium, 1.49% Copper and 0.77% Nickel. Table 1 Assay Results from Phase 1 Drilling - Escape Lake Zone, Thunder Bay NorthTo view an enhanced version of Table 1, please visit:https://orders.newsfilecorp.com/files/6596/58050_48714f5e14863a79_001full.jpgAll intercepts are estimated to be 95% of true width based on drill hole inclination Mineralized intervals calculated at 1 ppm Pt+Pd cutoffMineralization open in all directionsPhase 1 drilling by the Company will consist of approximately 15-20 drill holes of 500-600m each, nominally on 50m centers designed to discover limits of the Escape Lake Zone mineralization, which remains open in all directions (Figure 1).Figure 1 Phase 1 Drill Target Area - Escape Lake Zone, Thunder Bay NorthTo view an enhanced version of Figure 1, please visit:https://orders.newsfilecorp.com/files/6596/58050_48714f5e14863a79_002full.jpgThe Escape Lake Zone mineralization is located at approximately 400m vertical depth within the Escape Lake Intrusion (Figure 2) and is open geologically. The objective of the Phase 1 program is to define ...