Idaho Cons. drills at Stillwater

Denver — In search of the JM Reef, Idaho Consolidated Metals (IDO-V) has begun drilling at the Crescent Creek and Iron Creek targets in the Stillwater complex of southwestern Montana. Initially, the junior will drill six holes in a program spanning 1,200 metres. This will be followed by drilling of the Volatile Enriched zone (VEZ).

The JM Reef runs for more than 40 km, with grades higher than 23 grams platinum and palladium per tonne. The Stillwater mine, operated by Stillwater Mining (SWC-X), produces 500,000 oz. combined platinum and palladium per year. The company also operates the East Boulder project, on the west end of the JM Reef, which, at full production, should contribute as much as 500,000 oz.