Announcement Date: | 2023-03-21 |
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Announcement Type: | Drilling Results |
Announcement Code: | JORC |
Company name: | Future Metals NL |
Project name: | Panton |
Location: | Australia |
Commodities: | Gold,Palladium,Platinum,Copper,Nickel,Cobalt,Sulphur |
Highlight: | Drilling results incl. 22.40m at 164.1ppb Au, 0.02ppm Co, 0.04% Cu, 0.21% Ni, 697.90ppb Pd, 634.8ppb Pt, 0.16% S from 786m |
Resources: | only available to subscribers |
CP/QP: | only available to subscribers |
Announcement summary: | Future Metals NL (“Future Metals” or the “Company”, ASX | AIM: FME), is pleased to announce results from its deep drill hole at its wholly owned Panton Project (“Panton” or “the Project”). The Company completed a 1,328.6m drill hole at Panton (PS414) in January 2023 which targeted the basal contact towards the bottom of the intrusion. The drill hole was co-funded by the Western Australia Government’s Exploration Incentive Scheme (“EIS”). This was the first time that a hole has been drilled through the entire Panton intrusion and it has provided highly valuable information relating to the reef-style mineralisation, and the Company’s nickel sulphide exploration model targeting high-grade accumulations outside of the known 6.9Moz PdEq MRE |
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