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Hemlo Explorers: Soil Survey Identifies Anomalous Copper, Palladium, Platinum, and Gold over Project Idaho VTEM Targets
TORONTO, Jan. 25, 2023 (GLOBE NEWSWIRE) -- Hemlo Explorers Inc. (the “Company”) (TSXV: HMLO) is pleased to provide an update on final precious metals and multi-
About this update from Rocky Shore Gold Limited
[{"type":"text","content":" TORONTO, Jan. 25, 2023 (GLOBE NEWSWIRE) -- Hemlo Explorers Inc. (the “Company”) (TSXV: HMLO) is pleased to provide an update on final precious metals and multi-element results from its soil sampling campaign on Project Idaho, located three kilometres southeast of Generation Mining’s Marathon Palladium Copper Deposit (“Marathon Pd-Cu Deposit”) (Figure 1). Results from the soil sampling program show anomalous precious metals and pathfinder element values over areas covering VTEM anomalies and Coldwell Complex-style mafic intrusive lithologies, strongly suggesting emplacement of primary igneous magmas laden with PGE-bearing sulfides emanating from the proximal Coldwell Complex. Figure #1 – Project Idaho Location Map A total of 1,101 B-horizon soil samples were analyzed on a 50 m square grid, predominately along the western portion of the project. This covered VTEM anomalies and Coldwell Complex-related mafic intrusive lithologies highlighted by the recently released rock sampling results and results of the airborne geophysical survey flown in August of 2022 (See press release dated October 31, 2022). Out of the 1,101 samples collected 1,099 gold, platinum and palladium (“Au, Pt, Pd”) and 1,101 copper, chromium and nickel (“Cu, Cr, Ni”) pathfinder results are available. A total of 120 soil samples (10.9%) returned values ≥10 ppb Pt, while 3 samples displayed anomalous Pd ≥10 ppb (Figure 2). A total of 24 (2.2%), 11 (1%) and 9 (0.8%) soil samples returned anomalous Cu, Cr and Ni of ≥ 40 ppm, ≥150 ppm and ≥ 70 ppm, respectively (Figure 3). 139 soil samples (12.6%) returned anomalous Au results of ≥ 20 ppb (Figure 4) which, in numerous instances, show corresponding anomalous Pt, Pd ≥10 ppb. Figure #2 – Anomalous Platinum and Palladium in Soils Map Figure #3 – Anomalous Copper, Chromium, Nickel in Soils Map Figure #4 – Anomalous Gold in Soils Map Brian Howlett, CEO of Hemlo Explorers, commented, “We are excited to move Project Idaho to the drill stage, the planning for which is now well advanced. Exploration results from the 2022 season were positive and further strengthen the evolving story that Coldwell Complex-style mineralization similar to the neighbouring Marathon Pd-Cu deposit extend onto the western boundary of Project Idaho. We would also like to acknowledge the financial assistance of the Ministry of Northern Development and ...