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Perseverance Metals Identifies the Venus East Ni-Cu-Co-PGE Mineralized Trend on the Lac Gayot Project, Québec, Canada
Vancouver, British Columbia--(Newsfile Corp. - October 14, 2025) - Perseverance Metals Inc. (TSX...
About this update from Perseverance Metals, Inc.
[{"type":"text","content":"Perseverance Metals Identifies the Venus East Ni-Cu-Co-PGE Mineralized Trend on the Lac Gayot Project, Québec, CanadaVancouver, British Columbia--(Newsfile Corp. - October 14, 2025) - Perseverance Metals Inc. (TSXV: PMI) (\"Perseverance\", \"PMI\", or the \"Company\") is pleased to announce, in its inaugural news release as a public company, that it has made a series of at- or near-surface discoveries that collectively form the newly-defined Venus East Ni-Cu-Co-PGE Mineralized Trend (the \"Venus East Trend\") on its Lac Gayot project, Québec, Canada.The Venus East Trend is defined by a distinct sequence of ultramafic rocks in the eastern portion of the Lac Gayot project with numerous new Ni-Cu-Co-PGE mineralized surface showings within a 6km long by 2km wide mineralized trend (see Figure 1). Assay results for these surface showings and subsequent drill holes testing them are pending from the recently completed summer / fall 2025 program.Highlights of the new Venus East Trend:The Venus East Trend is part of the Upper Komatiite sequence - which was first identified as prospective for Ni-Cu-Co-PGE mineralization by the Company in 2024Six surface showings identified to date (see Figure 2) within a 6km long magnetic high corridorSurface showings characterized by disseminated to semi-massive and locally massive sulphides including pyrrhotite +/- pentlandite +/- millerite +/- chalcopyriteFour target areas were drilled in the 2025 Lac Gayot program, including three within the Venus East Trend - all targets supported by various strength EM conductorsLarge-scale ground EM survey planned over the Venus East Trend - a 2.5km by 6.5km follow-up ground SQUID EM*1 geophysical program is planned in 2026 to detect conductors and develop additional targetsPresence of both Raglan-type (Kambalda-style, given their Archean age) and Conduit-type models for Ni-Cu-Co-PGE mineralization on the Lac Gayot project\"Our initial exploration at Lac Gayot has overwhelmingly validated and strengthened our core hypotheses, confirming that this belt holds an immense amount of highly prospective ground for magmatic Ni-Cu-Co-PGE deposits,\" said Michael Tucker, CEO. \"We are eager to discuss our findings in the coming months. I personally want to thank our Board members, Technical Advisory Board, and our entire exploration team - in particular Laurentia Ex...