Grid Metals Corp. (TSXV: GRDM | OTCQB: MSMGF) has announced results from its ongoing exploration programme at its MM copper/nickel project located in southeastern Manitoba. The programme has recently been focused on the Eagle Gabbro – host to the historical New Manitoba Cu-Ni sulphide deposit that was acquired by Grid last year.
Dr. Dave Peck, P. Geo., Grid’s VP of exploration, stated “Our consolidation of the major copper/nickel deposits and occurrences within the Bird River greenstone belt, completed last year, has provided the first opportunity for any company to apply modern exploration methods and concepts to the discovery of new massive and disseminated magmatic sulphide resources on all of the prospective ground in this extremely well-endowed mineral belt.”
The company is preparing to commence its inaugural exploration drilling programme at Eagle as well as a new round of ground and airborne geophysical surveys over the entirety of its highly prospective Mayville East – Eagle target area.
Results have confirmed surface copper/nickel mineralization confirmed in numerous outcrops over a ~4km long target trend associated with a gabbroic intrusive known as the ‘Eagle gabbro.’ The Eagle gabbro is located at the eastern end of the >20km long Mayville-Eagle complex – host to the company’s 32.0Mt Mayville Cu-Ni (PGM) deposit.
Additionally, mineralization from twelve bedrock grab samples collected during the current field campaign returned copper grades in the range 0.5 – 1.3% with associated nickel, cobalt, and precious metal values.
The results also show that mineralization discovered to date is associated with a prominent magnetic anomaly and drilling is expected to commence this Fall following receipt of exploration permits and the programme is fully funded.
Grid Metals has a large airborne magnetic-EM survey is planned for the highly prospective eastern part of the Mayville-Eagle complex, including the Eagle gabbro target area.
A ground IP orientation survey is also planned to cover the best exposed, well-mineralized segments of the Eagle gabbro.
The initial area of drilling is planned for the New Manitoba deposit located at the southeast end of the Eagle gabbro. This part of the property was acquired in 2023 and has seen very limited exploration after drilling in the 1950s.
“Our field review and compilation work has shown that Eagle gabbro, part of the ~20km long Mayville-Eagle Complex located in the northeast part of the belt, is a prime initial target area for delineating.” Added Dave.
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