Hemlo Explorers Inc. provided an update on precious metals results received from its soil sampling campaign on Project Idaho, located three kilometres southeast of Generation Mining's Marathon Palladium Copper Deposit (“Marathon Pd-Cu Deposit”). A total of 1,072 B-horizon soil samples were collected on a 50 m by 50 m grid, predominately over areas covering VTEM anomalies and Coldwell Complex-style mafic intrusive lithologies highlighted by the recently released rock sampling results and preliminary results of the airborne geophysical survey flown in August of 2022. A total of 134 soil samples (12.5%) returned anomalous gold (“Au”) results of >20 ppb (Figure 2) which, in numerous instances, show corresponding anomalous platinum (“Pt”) >10 ppb (Figure 3).

A total of 112 soil samples (10.4%) returned values of >10 ppb Pt. Three samples displayed anomalous palladium (“Pd”) >10 ppb. Multi-element analyses remain outstanding for all soil samples collected.

The soil samples are enriched in Pt and Au, without the presence of Pd and displayed a more consistent pattern of precious metal enrichment, which is different from the rock samples. Decoupling of Pt from Pd can occur as a result of hydrothermal alteration and also water-rock interaction due to differences in relative solubility and oxidation, variables that may have been a factor in the development of the soil profile (e.g. Barnes and Liu, 2012; Koschinsky et al., 2005). An additional 41 rock samples not previously analyzed by ICP-MS have been sent for Rare Earth Element (“REE”) analysis to further augment the work of Dr. David Good of Western University, the preeminent expert in Mid-Continent Rift (“MCR”) geochemistry.

His initial geochemical interpretation of Project Idaho rock samples identified 17 samples that displayed overlapping REE patterns to those of the mineralized Coldwell Complex “Marathon Series” rocks. The presence of these geochemically “fingerprinted” mafic intrusive samples within Project Idaho is compelling evidence of the eastern extension of Coldwell Complex-style magmas, beyond the traditional geological boundary, providing a genetic “link” to the neighbouring Marathon Pd-Cu deposit.