Drilling at the Nickleby Lake prospect west of Thunder Bay, Ont., has returned encouraging platinum and palladium values — albeit over narrow widths — for Wolfden Resources (YWO-V) and Jonpol Exploration (JON-T).
Wolfden, the project operator, drilled four holes on the prospect for a total of 794 metres. The four holes defined a northeast-striking mafic to ultramafic sill, about 1.5 km long and about 200m at its widest point.
The best drill result came from hole NBY-2, which intersected 1.1 metres grading 4.2 grams combined platinum and palladium per tonne and a separate 1.5 metres with a combined platinum and palladium grade of 2.9 grams per tonne. Wolfden did not release assay data, but said the platinum and palladium grades in the samples were roughly equal.
Two other holes returned narrow intervals running just under 1 gram per tonne, while a fourth hole appears to have intersected a younger gabbro phase in the sill. That younger phase had platinum and palladium concentrations the partners described as “modestly anomalous.”
Wolfden and Jonpol plan further surface exploration and a second phase of drilling.
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