Vancouver – Final results from Starfield Resources’ (SRU-V) 2004 drilling at its Ferguson Lake copper-nickel-PGM project, located 240 km west of Rankin Inlet in Nunavut, has now traced footwall platinum group metal (PGM) mineralization over 1.3 km of strike.
The 2004 definition drill program wrapped up successfully testing the Pit area of the West zone for the gabbro-hosted footwall PGM mineralization.
Several one to 1.5 metre drill intercepts returned grades of 1-6.9 grams palladium per tonne and 1-8 grams platinum per tonne.
The deeper footwall PGM mineralization, discovered in 2004 (TNM, July 2/04), is characterized by low sulphidation high-grade platinum-palladium occurring below the main sulphide lenses. The platinum to palladium ratio is elevated in the footwall relative to the main massive sulphide zone.
Drilling of the footwall massive sulphides also returned up to 10.8 metres grading 1.4% copper, 1% nickel, 0.12% cobalt, 2.7 grams palladium and 0.8 grams platinum in hole 04-202, with higher platinum grades (up to 10 grams platinum) in the lower 2.5 metres.
2004 drilling also tested a strong Crone SQUID (super-conducting quantum interference device) electromagnetic anomaly, successfully intersecting massive sulphide horizons of 10.2 metres assaying 1.6% copper, 0.85% nickel, 0.1% cobalt and 2.1 grams palladium in hole 04-210, and 19.5 metres of 1.1% copper, 0.7% nickel, 0.07% cobalt and 2.1 grams palladium in hole 04-214. The two holes were spaced 100 metres apart, straddling the anomaly.
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