Muskox drills in Nunavut

Hoping to cut more sulphides enriched in platinum and palladium, Muskox Minerals (MSK-V) is drilling a large geophysical anomaly along the northern boundary of the Muskox intrusion in Nunavut.

The Muskox intrusion is a layered, mafic-to-ultramafic pluton that appears on surface as a south-verging cone. It has four sections: feeder dyke, margin, layered series and roof.

The 2-km long anomaly, which is 200 metres wide and shallow, sits on the northeastern margin. It displays high conductivity and low magnetic susceptibility and may therefore indicate concentrations of chalcopyrite and cubanite similar to those found 500 metres to the southeast at the so-called Southeast Speers showing. There, grab samples returned up to 43 grams palladium, 1 gram platinum and 2 grams gold per tonne, plus 9% copper and 3% nickel.

Two holes each will be collared from two setups spaced 400 metres apart. Concurrently, Muskox will carry out a 900-line-km electromagetic-magnetometer survey to extend coverage to the feeder dyke. The dyke ranges from 200 to 600 metres in width.