“(The) second hole at Bannockburn correlates with both the geophysical target that had been identified in the prior borehole survey and the observed mineralization,” CEO Mark Selby said in a release. “We look forward to continuing to unlock the higher-grade potential of this target, and to testing other high potential conductors identified at the Bannockburn property.”
‘High-grade potential’
In a research note on Friday, Cormark Securities analyst Stefan Ioannou wrote that the drill results are positive and represent a second high grade intersection in the F-Zone following BAN24-18 last month.
That hole, which is 138 metres northwest of BAN24-20, returned 4 metres grading 3.95% nickel, 0.399% copper, 0.152% cobalt, 0.658 gram palladium and 0.427 gram platinum from 260 metres depth. It included 3 metres at 4.36% nickel, 0.322% copper, 0.167% cobalt, 0.385 gram palladium and 0.390 gram platinum.
“The…
