Vancouver, BC, January 9, 2023 – Go Metals Corp. ("Go Metals" and/or the "Company") (CSE:GOCO) is pleased to announce results from the new PGE zone discovery on the HSP exploration stage nickelcopper-cobalt (Ni-Cu-Co) sulphide project located in Quebec (the “HSP”).
PGE Zone Highlights
• 9.3m of 0.43% Ni, 0.17% Cu, 0.05% Co, with 0.19 g/t PGE + Au
• Including 1.35m from 19m: 0.69% Ni, 0.22% Cu, 0.085% Co, with 0.25 g/t PGE + Au
• And 1.4m from 23.2m: 0.93% Ni, 0.15% Cu, 0.11% Co, with 0.35 g/t PGE + Au
• Near surface parallel mineralized structures intercepted
Scott Sheldon, CEO of Go Metals stated, “Our first drill results from the PGE Central zone discovered mineralized structures continuous at depth correlating with the EM anomalies. The higher-grade intervals in hole HSP-22-09 highlight good potential for the upcoming phase 2 drill program at HSP. Our
geophysical modelling will continue to guide our exploration and help to refine our approach as we learn about each unique HSP target.”
PGE Zone
The PGE Zone is located on the Northern contact of the anorthosite complex. The Zone is comprised of 4 targets confirmed by surface sampling in 2021 (News link). The targets include PGE South, PGE
Central, PGE North and Catalytic (CC).
This release updates drilling results from 2022 and reports on drill holes from both PGE-Central and PGE-North. The conductors are elongated in the north south direction and are clustered along the northern contact of the anorthosite. Future drilling from the West is planned to test the related subsurface Ni-Cu sulphide structures as well as the mineralization seen at surface.
Thin section SEM analysis of surface samples collected in 2021 by IOS revealed most nickel is contained in pentlandite (Report 2021). Elevated platinum, palladium and cobalt are associated with higher nickel values and pentlandite, while elevated gold correspond to higher copper values and chalcopyrite. This favourable mineralogy adds to the economic potential of the system.
HSP-22-09 PGE Central Target encountered layers of moderately dipping foliated anorthosite and gabbro layers. The darker pyroxene-rich gabbro layers have varying amounts of sulphide mineralization and exhibit net/emulsion textures as well as sulphide massive ore breccia texture (SMOB). As expected, higher grade intervals contained more sulphur than lower grades with 4 samples returning over 10% S. Total sulphide component can be estimated using geochemical results. There is significant variation within intercepts ranging up to 45% sulphide with the highest base metal grades. see & read more on
https://gometals.ca/news/JAN9_2023.pdf