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Prospector Drills New Pt-Pd Discovery at Roadcut, NW Ontario
Hole# WL003 intersected 0.49 g/t Pt+Pd over 10.50m from 14m downhole, and  Hole# WL004 in...
About this update from Prospector Metals Corp
[{"type":"text","content":"Prospector Drills New Pt-Pd Discovery at Roadcut, NW OntarioHole# WL003 intersected 0.49 g/t Pt+Pd over 10.50m from 14m downhole, and Hole# WL004 intersected 0.46 g/t Pt+Pd over 14.40m from 5.60m downholeVancouver, British Columbia--(Newsfile Corp. - May 18, 2023) - Prospector Metals Corp. (TSXV: PPP) (OTCQB: PMCOF) (FSE: 1ET0) (\"Prospector\" or the \"Company\") is pleased to announce diamond drill results from the Company's 100% owned district scale Whitton Ni-Cu-PGE Project covering 4,400 ha (44 km2) located 20 km north of Impala Canada's Lac des Iles platinum group elements (\"PGE\"), Ni-Cu Mine, Ontario. The 2023 maiden drill program consisted of four NQ-sized diamond drillholes totaling 826.40m to test the Roadcut Pt-Pd target and the Whitton Ni-Cu sulphide target.Roadcut Discovery Drilling HighlightsTwo 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. (Figure 1-3). Both drill holes returned significant intervals: 23WL003: 0.49 g/t Pt+Pd over 10.50m from 14m, and 23WL004: 0.46 g/t Pt+Pd over 14.40m from 5.60m (Table 1). 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 mineralised zone comprises fine- to locally medium-grained gabbro to melanogabbro containing pervasive trace to locally 0.5% extremely fine-grained (0.1 to 0.2 mm) \"pin-point\" sized disseminated sulphides, including pyrrhotite and subordinate chalcopyrite. Both intersections display relatively consistent grades for both Pd...