Pivotal Metals (ASX:PVT) Unveils FLTEM Survey Results Highlighting Resource Expansion at Horden Lake
FLTEM Survey Results
Pivotal Metals Limited (ASX:PVT) announced the completion of a fixed loop time domain electromagnetic (FLTEM) survey at its Horden Lake Project in Quebec. The survey identified multiple large bedrock conductors, suggesting substantial resource growth potential and opportunities for open pit expansions. Conductors extend to depths three times greater than historical drilling, reinforcing earlier geophysical findings and indicating extensive mineralisation.
Resource Expansion Potential
The FLTEM survey results support the company’s 2022 Mineral Resource Estimate of 27.8Mt at 1.49% CuEq. The newly identified conductors highlight areas for potential open pit and underground resource expansion, particularly along the NE-SW trending gabbro contact zone. Pivotal Metals plans to initiate step-out drilling to further explore these promising targets and update its resource estimates accordingly.
Executive Comments
Ivan Fairhall, Managing Director of Pivotal Metals, stated, “These targets represent a step change in the scale of the opportunity in front of us at Horden Lake.” He added, “We have multiple ongoing work streams and we look forward to sharing consistent news flow over the coming months.”
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