The Conversation (0)
International Montoro Resources (TSXV:IMT) reported that drilling on the Pecors anomaly is progressing ahead of schedule. As of 7pm EST on April 8, the Pecors Hole #1 was reported to be at a depth of 909m. The second drill hole is already being planned, and will commence upon return of the drilling contractor.
As quoted in the press release:
Since last reported on April 3rd, the drilling proceeded through the Matinenda formation and into the Thessalon formation basalts at 548m. We then entered a gabbro unit at approx. 600m, the rock type which could host potential Ni, Cu, & PGE mineralization. During the logging from the 600m depth through to the current level; disseminated pyrite, chalcopyrite, and pyrrhotite mineralizaton was noted in the gabbro. The Company is very encouraged with this visible sulphide mineralizaton and is expecting to continue drilling through to 1200 meters. The drilling contractor will leave for a week after finishing Hole #1, which will allow time for our geologist to finish core logging and begin cutting and sampling drill core to be sent for assaying. The 2nd drill hole is already being planned, and will commence immediately upon return of the drilling contractor.
Click here to read the International Montoro Resources (TSXV:IMT) press release
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