“This phase of drilling at Santo Amaro was very successful. We intersected PGE mineralization at shallow depths in multiple zones, including an area 250 metres to the north-northwest of the known
Highlights from
- Shallow PGE mineralization intersected in eleven of twelve 2020 drill holes;
- PGE mineralization drilled along-strike to the west of the Santo Amaro resource area in:
◦ Drill Hole DD20SA23 - 14.65 metres (“m”) grading 1.29 grams per tonne (“g/t”) palladium + platinum + gold (“2PGE+Au”) from surface; - PGE mineralization drilled along-strike to the east of the Santo Amaro resource area in:
◦ Drill Hole DD20SA18 - 34.91 m grading 0.61 g/t 2PGE+Au from 16.50 m; - An emerging near-surface PGE zone drilled 250 m north-northwest of the Santo Amaro resource area in:
◦ Drill Hole DD20SA16 - 4.00 m grading 3.10 g/t 2PGE+Au from 67.00 m, including 1.30 m grading 7.95 g/t 2PGE+Au from 67.00 m
◦ Drill hole DD20SA22 - 11.81 m grading 0.91 g/t 2PGE+Au from surface.
The 2019 Santo Amaro resource totals 203,000 oz 2PGE+Au contained in 5.3 Mt grading 1.19 g/t and represents the most underexplored deposit area at Pedra Branca. Extensive historical PGE-in-soils anomalies, magnetic targets, and newly mapped, untested UM belts make
During 2020, a total of 1,366 m were drilled in twelve core holes at Santo Amaro. PGE mineralization in the UM intrusion that hosts the Santo Amaro resource was extended along strike to the east and west as shown by at- to near-surface PGE drill intercepts. This zone remains open in both directions. In addition, an emerging shallow PGE zone was drilled approximately 250 m north-northwest of the resource area. Table 1 summarizes highlight intervals from 2020 Santo Amaro drilling.
Table 1: Summary of Significant Core Assay Results from 2020 Santo Amaro Drilling:
Hole ID | Depth From (m) | Depth To (m) | Interval (m) | 2PGE+Au (g/t) | Interval Summary* |
DD20SA13 | 16.00 | 40.65 | 24.65 | 0.28 | 24.65m grading 0.28 g/t 2PGE+Au from 16.00m incl. 15.65m grading 0.35 g/t 2PGE+Au from 25.00m |
25.00 | 40.65 | 15.65 | 0.35 | ||
DD20SA14 | 5.60 | 8.36 | 2.76 | 0.40 | 2.76m grading 0.40 g/t 2PGE+Au from 5.60m |
DD20SA15 | 72.88 | 77.05 | 4.17 | 0.43 | 4.17m grading 0.43 g/t 2PGE+Au from 72.88m and 2.00m grading 0.31 g/t 2PGE+Au from 113.00m |
113.00 | 115.00 | 2.00 | 0.31 | ||
DD20SA16 | 8.95 | 12.65 | 3.70 | 0.32 | 3.70m grading 0.32 g/t 2PGE+Au from 8.95m and 4.00m grading 3.10 g/t 2PGE+Au from 67.00m incl. 1.30m grading 7.95 g/t 2PGE+Au from 67.00m |
67.00 | 71.00 | 4.00 | 3.10 | ||
67.00 | 68.30 | 1.30 | 7.95 | ||
DD20SA18 | 16.50 | 51.41 | 34.91 | 0.61 | 34.91m grading 0.61 g/t 2PGE+Au from 16.50m incl. 3.51m grading 1.88 g/t 2PGE+Au from 37.49m and 3.51m grading 2.21 g/t 2PGE+Au from 66.19m and 5.00m grading 0.97 g/t 2PGE+Au from 108.00m incl. 1.00m grading 3.84 g/t 2PGE+Au from 110.00m |
37.49 | 41.00 | 3.51 | 1.88 | ||
66.19 | 69.70 | 3.51 | 2.21 | ||
108.00 | 113.00 | 5.00 | 0.97 | ||
110.00 | 111.00 | 1.00 | 3.84 | ||
DD20SA19 | 33.60 | 37.90 | 4.30 | 0.45 | 4.30m grading 0.45 g/t 2PGE+Au from 33.60m |
DD20SA20 | 1.00 | 20.45 | 19.45 | 0.20 | 19.45m grading 0.20 g/t 2PGE+Au from 1.00m |
DD20SA22 | 0.00 | 11.81 | 11.81 | 0.91 | 11.81m grading 0.91 g/t 2PGE+Au from 0.00m and 4.93m grading 0.32 g/t 2PGE+Au from 106.45m |
106.45 | 111.38 | 4.93 | 0.32 | ||
DD20SA23 | 0.00 | 20.00 | 20.00 | 0.98 | 20.00m grading 0.90 g/t 2PGE+Au from 0.00 14.65m grading 1.29 g/t 2PGE+Au from 0.00 |
1.10 | 7.00 | 5.90 | 1.79 | ||
DD20SA24 | 49.00 | 54.61 | 5.61 | 0.28 | 5.61m grading 0.28 g/t 2PGE+Au from 49.00m |
* Reported assay intervals are estimated to be 90-100% true width
Drill hole DD20SA23
Drill hole DD20SA23 stepped out 70 m to the west and along strike from the western-most resource hole at Santo Amaro. The target UM intrusion was intersected from surface to 14.65 m depth, characterized by weathered chromite-bearing peridotites and dunites. The drill hole returned an assay highlight of 14.65 m grading 1.29 g/t 2PGE+Au from surface. Mineralization remains open along strike to the west.
Drill hole DD20SA18
Drill hole DD20SA18 stepped out 40 m to the east and along strike from the eastern-most resource hole at Santo Amaro. The target UM intrusion was first intersected from 16.50 m to 51.70 m, with local metre-scale intercalated intervals of amphibolite and gneiss. A second package of PGE-bearing intrusion was intercepted from 100.50 m to 133.60 m depth. Variably weathered peridotites, dunites and local UM schists dominated the target sequence. The drill hole returned an assay highlight of 34.91 m grading 0.61 g/t 2PGE+Au from 16.50 m. Mineralization remains open in all directions.
Drill hole DD20SA16
Drill hole DD20SA16 was collared approximately 250 m north-northwest of the resource area and stepped 80 m to the east-northeast and down-dip of historical drill hole DD02SA04, which produced a historical drill core intercept of 10.30 m grading 1.10 g/t 2PGE+Au from 43.30 m depth.
DD20SA16 drilled into three packages of ultramafic rocks, collectively totaling 60.83 m in thickness. The thickest UM sequence was intersected from 50.00 m to 92.18 m (42.18 m in thickness), dominated by variably weathered peridotites and dunites, with local metre-scale serpentinites and phlogopite schists. A 0.30-metre-thick chromitite reef was intercepted at 67.20 metres depth and produced a peak assay of 11.49 g/t 2PGE+Au. The drill hole retuned an assay highlight of 4.00 m grading 3.10 g/t 2PGE+Au from 67.00 m, including 1.30 m grading 7.95 g/t 2PGE+Au from 67.00 m. Mineralization remains open in all directions.
Drill hole DD20SA22
Drill hole DD20SA22 stepped out 55 m to the southeast and along strike from DD20SA16. The target UM intrusion was intersected from surface to 18.65 m depth, characterized by weathered chromite-bearing peridotites and dunites. The drill hole returned an assay highlight of 11.81 m grading 0.91 g/t 2PGE+Au from surface. Mineralization remains open in all directions.
Please see ValOre’s news release of
Pedra Branca 2020 Drill Program (Phase 1 and Phase 2)- Quality Control/Quality Assurance (“QA/QC”) and Grade Interval Reporting
- Analytical Procedures, SGS Geosol
- About
Servitec Foraco Sondagem SA - ValOre and Servitec Foraco COVID-19 Protocols
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