Papuan Announces Platinum Group Metals Results

Papuan Precious Metals Corp. (TSXV:PAU,OTCQX:PAUFF) announced assay results for the first two holes at the Doriri Creek nickel-platinum group metals prospect.

As quoted in the press release:

…discovery hole DOD001 intersecting a significant 12.20m (17.60m-29.80m) intersection of near surface Ni-PGM mineralization grading 1.08% Ni, 0.52g/t PGM in the 520m+ long Doriri Creek Lode. Hole DOD002 intersected 4.00m grading 0.86% Ni, 0.41g/t PGM, and 4.00m grading 1.28% Ni, 0.53g/t PGM, including 1.00m of 0.65% Ni and 1.19g/t PGM. Both holes were drilled under Costean (surface trench) IV which returned 7.00m grading 0.66% Ni, 1.33g/t PGM, and represent the first successful exploration drill hole intersections in the Doriri Creek Lode. True width of the Doriri Creek Lode is determined to be approximately 10m as derived from both surface and drill hole data.

Click here to read the Papuan Precious Metals Corp. (TSXV:PAU) press release.