"Pivotal Metals Limited Uncovers Bonanza-Grade Gold Targets and Expands High-Grade Ni-Cu-PGM Portfolio in Canada’s Belleterre-Angliers Belt"

Wednesday, June 4, 2025
at
11:33 am
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Pivotal Metals Limited updates its exploration review, revealing bonanza-grade gold targets within its Lorraine project. Enhanced details now support an aggressive field program to test high-grade copper-gold veins, highlighting significant potential for resource expansion and future investor value.

On 4 June 2025, Pivotal Metals Limited issued an amended market announcement outlining significant developments at its Canadian BAGB projects. The notice focuses on the updated details regarding bonanza grade gold targets at the Lorraine project. Historical underground channel sampling and modern drilling data support the discovery of multiple high‐grade Au-Cu occurrences within a broad 600‐metre corridor. Notably, intersections such as a 28‐metre channel showing 45.2 grams of gold per tonne with 3.2% copper, alongside a 9.5‐metre intersection reporting 14.1 grams per tonne gold, have been highlighted. Visible gold was also observed in drilling above the main level, and detailed geological context, cautionary language on visual estimates, and descriptive tables now complement previous results. The announcement emphasizes Pivotal Metals Limited’s strategy of broadening its exploration program beyond the flagship Horden Lake project to harness the potential of its Belleterre-Angliers Greenstone Belt portfolio. The company is actively mapping and sampling the high-grade Au-Cu-quartz vein system at Lorraine, supported by high-resolution UAV magnetic surveys, and is planning an aggressive summer field program. Alongside the gold targets, the BAGB area is recognized for its widespread high-grade copper, nickel, and PGM mineralisation, with historical mining infrastructure and proximity to a world-renowned mining district underpinning a favorable cost outlook. Technical details in the announcement include precise drill hole intersections, down-hole intercept lengths, and visual sample estimates, with the technical discussion noting that further laboratory analysis is needed to mitigate potential nugget effects. The detailed reporting covers a range of drilling techniques, sampling methodologies, and quality assurance measures following industry standards, lending transparency and context to the exploration results. There is optimism surrounding the technical indicators and updated exploration approach. Bullish perspectives point to robust bonanza-grade Au results, the strategic integration of multiple mineral targets, and excellent regional infrastructure supporting rapid development. Investors may view the proactive summer field program and advanced geophysical surveys as critical steps that could unlock substantial value. Conversely, a more cautious view may be taken due to the historical challenges of interpreting visual gold estimates and potential sampling biases noted in the report. The inherent uncertainties of early-stage exploration, the reliance on amended historical data, and the risks associated with de-risking multifaceted mineral projects might temper enthusiasm in the short term. Overall, the announcement provides clear technical evidence of high-grade potential while outlining a comprehensive exploration roadmap that joins innovation with historical data, setting the stage for further evaluation of Pivotal Metals Limited’s resource portfolio.

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