Mustang Minerals has announced a new drill discovery of platinum and palladium (PGM) mineralization at shallow depth at its 100%-owned Mayville property in southeastern Manitoba. A diamond drill hole intersected 9.15 m at an average grade of 9.5 g/mt combined PGMs from 55.5 m depth within a wider zone of 41.16 m at an average grade of 2.9 g/mt PGMs. The highest grade interval is 1.52 m at 8.9 g/mt platinum and 22.6 g/mt palladium, plus 0.7 g/mt rhodium.

While the extent of the zone of PGM mineralization at the Mayville property is not yet known, Mustang is planning a substantial drilling program to test the potential of the new discovery at depth and along strike from the two initial drill holes. Mustang also will conduct a detailed ground magnetics IP survey to better define the anomalies.

Mustang has so far completed a total of 24 reconnaissance drill holes on the Mayville property. The first three holes intersected a gabbro-hosted copper-nickel zone approximately 250 m south of the new PGM drill discovery. The Mayville project is located 35 km by road from Mustang’s Makwa project.

Resource Center Whitepapers, Videos, Case Studies

Let's stay in touch!

All of the latest mining news and our digital edition sent to your inbox once a week.

We'll never share your email address, and you can opt out at any time, we promise.