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Prospector Discovers Multiple High-Grade Ni-Cu-PGE Occurrences at the Devon Project in Northwestern Ontario
Grab Samples Yield up to 1.125 % Cu, 0.4 % Ni, and 2.35 g/t Au+Pd+Pt at Newly Identified Copper H...
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[{"type":"text","content":"Prospector Discovers Multiple High-Grade Ni-Cu-PGE Occurrences at the Devon Project in Northwestern OntarioGrab Samples Yield up to 1.125 % Cu, 0.4 % Ni, and 2.35 g/t Au+Pd+Pt at Newly Identified Copper Hill OccurrenceVancouver, British Columbia--(Newsfile Corp. - June 29, 2023) - Prospector Metals Corp. (TSXV: PPP) (OTCQB: PMCOF) (FSE: 1ET0) (\"Prospector\" or the \"Company\") is pleased to announce prospecting results identified significant Ni-Cu-PGE prospects at the 100% owned Devon Project in Northwestern Ontario.Highlights:A total of 93 grab samples were collected from outcrop and angular boulders ranging from below detection up to 1.125 % Cu, 0.53 % Ni, and 3.54 g/t Pd+Pt, and 0.123 % Co.At the Copper Hill Occurrence, angular boulders returned assays of up to 1.125 % Cu, 0.4 % Ni, and 2.35 g/t Au+Pd+Pt and 1.015 % Cu, 0.298 % Ni, and 3.81 g/t Au+Pd+Pt. Over a dozen similarly mineralized angular blocks were noted within an area several hundred metres in extent, ranging from 15 cm cobbles up to several angular boulders greater than 1 m in diameter. Most of the boulders were imbedded in reddish matrix-supported glacial till that is up to a few metres maximum thickness and capped by thin organic soil cover, indicating that the boulders were naturally emplaced within the till.Multiple occurrences along the Pigeon River dykes were identified in outcrop returned assays of up to 0.73 % Cu, 0.53% Ni, 0.114 % Co, and 0.22 g/t Au+Pd+Pt, 0.64 % Cu, 0.437 % Ni, and 0.267 g/t Au+Pd+Pt, and 0.47% Cu, 0.097 % Ni, and 0.404 g/t Au+Pd+Pt. Highly encouraging results warrant a regional helicopter borne VTEM survey that will help to isolate the sulphidic dykes at or near surface and those obscured under cover. Stated Jo Price, P. Geo, VP Ex. of Prospector: \"The first pass sampling results at Devon offer excellent discovery opportunities exhibiting district scale potential for Ni-Cu-PGE deposits within mafic and ultramafic dyke systems that appear to be mineralised across the property.\"Figure 1. Geology and 2023 Sampling results at the Devon ProjectTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/1564/171661_48bf6ea3d48878dd_002full.jpgDevon Project Highlights:The Devon Project comprises 12,200 hectares acquired through staking, 50km SW of Thunder Bay Ontario, and is road...