The Conversation (0)
International Montoro Resources (TSXV:IMT) reported that it hit gabbro rock at 650 metres and is continuing to drill until 1300 meters. CEO Gary Musil, said, “PDH-2 drilling further reinforces the geophysical and geochemical evidence that the Pecors target may host a new deposit type (Ni-Cu-PGE) in northern Ontario’s Elliot Lake mining camp, west of Sudbury.”
As quoted in the press release:
International Montoro Resources Inc. (TSX VENTURE:IMT) (the “Company” or “Montoro”) is pleased to report that drilling of the Pecors Drill Hole #2 (“PDH-2″) at the large magnetic/gravity anomaly continues in gabbro to a depth below 1200 metres.
Gary Musil, President and CEO of Montoro Resources, commented: “The hole encountered the favourable gabbro rock at 650 metres and is currently drilling in similar rock at a depth of 1206 metres. The drill is expected to reach its capacity at 1300 m.”“PDH-2 drilling further reinforces the geophysical and geochemical evidence that the Pecors target may host a new deposit type (Ni-Cu-PGE) in northern Ontario’s Elliot Lake mining camp, west of Sudbury,” Musil continued. “Pecors drilling and downhole surveying marks a significant advancement of the exploration model for the district.”
Lamontagne Geophysics will conduct a BH UTEM 4 downhole probe and fibre-optic logging system of PDH-2 once drilling of this hole is completed.
Assay results from the first two holes as well as data from the downhole probing of both holes will be released once they are received, reviewed and interpreted.
Click here to read the International Montoro Resources (TSXV:IMT) press release
Click here to see the International Montoro Resources (TSXV:IMT) profile.