GO METALS CORP. Go Metals Corp. has successfully intersected nickel-copper mineralization on all targets as part of the first-ever drilling program. Chamber South encountered alternating layers of moderately southwest dipping massive sulphide/oxides interlayered with anorthosite.
Increasing levels of sulphides and base metals down hole in both 01 and 02 indicate potential to improve with depth. Drilling at Chamber South was the only pad to drill from the optimal direction intercepting surface structures and will be a priority drill target for phase 2. Chamber North drilling intercepted anomalous disseminated nickel, copper, and cobalt mineralization over the vast majority of the holes. The best intercept was in HSP-22-05 with 73m of 0.046% Ni, 0.033% Cu and 0.009% Co.
The large size of Chamber North (28 Ha or 70 acres) has comparable metal equivalents to porphyry grade mineralization. As disseminated sulphides of the concentrations seen in the drill holes are not typically able to create strong EM anomalies, further trench testing east-west across foliation will help to determine the location of any higher-grade sulphides and better test the massive sulphide layers seen at surface. Red Mountain Zone HSP-22-06,07 The drill targeting missed the surface mineralization based on the dip calculations obtained from drilling but identified a new high-grade nickel copper bearing sulphide structure at depth up to 1.3% Cu and 0.4% Ni.
Given the high grades, large EM anomaly and relatively low sulphide content in the intervals, this target is highly prospective. Drilling intercepted narrow bands of massive sulphide pseudobreccia averaging 25cm wide. These holes contain the highest concentration of base metals in the sulphides from the drill program.
The drill holes confirm the mineralization has similar apparent orientations as seen on the rest of the project, and therefore will be tested from the west drilling east in phase 2. PGE Zone - HSP-22-08,09,10,11 The PGE target zone covers a large area over 3km along the northern contact and is dispersed over four targets including Central, North, South and Catalytic. PGE Central showed some of the highest sulphide content with up to 45% sulphides. One highlight was the 10-metre massive sulphide breccia at 0.34% Ni, 0.31% Cu and 0.05% Co from 51 metres.
Armed with a better understanding of the mineralized trend orientation, this target is a high priority for the phase 2 program. PGE North failed to return significant grades as reported in the Company's news release dated January 9, 2023. This target remains prospective based on the knowledge that the drill was underneath the intended surface target.
Follow up testing will be performed on this target after the PGE Central is explored in more detail, as both targets share similar geology. PGE South remains untested as priority was given to the two northern PGE targets. Like PGE North, this target remains prospective and will be tested once more geological knowledge is derived from PGE Central.
PGE Catalytic is also an untested target between Central and North. Catalytic is a different as it covers a mafic dyke visible in total magnetic intensity with Cu, Ni and PGE mineralization along both it's east and west margins. The Dyke can be traced for 3.5 km.
GEM Zone Untested The interior anorthosite hosts the GEM zone that was not tested in the 2022 drill program. This zone is slated for mechanised surface trenching in 2023. Mineralization at GEM is disseminated but contained high nickel and copper grades which has potential to widen prospectivity to weaker EM anomalies within the anorthosite.
