Pacific Empire Minerals says reverse circulation drilling has started at Pinnacle project, BC
Pacific Empire Minerals Corp (CVE:PEMC), the prospect generator, announced a milestone Tuesday – the start of drilling at its 14,040-hectare Pinnacle porphyry project in central British Columbia.
The firm plans to test via reverse circulation (RC) drilling three target areas, two of which, the Elbow and Sooner zones, saw partner-funded diamond drilling (Oz Minerals) in 2015 and 2016, with the majority of exploration funded by Oz. Drilling is already underway at Elbow.
“We are excited to begin drilling at Pinnacle and look forward to exciting results over the coming months,” noted Brad Peters, Pacific Empire’s president.
READ: Pacific Empire Minerals shares surge as it outlines drill plans for Pinnacle project starting in November
“The Pinnacle property is a fantastic example of a target-rich covered area where reverse circulation drilling is the best method for effective early-stage exploration. As a result of logging operations over significant areas of the property, additional target areas are now accessible and as a result, the Later target area has also been prioritized for drill testing in 2019.”
As well as at Elbow and Sooner, PEMC plans to drill the Later target area, which lies around 6.5 km to the south of the Elbow zone.
In 2014, Oz Minerals completed an induced polarization (IP) geophysical survey over the area where a geophysical anomaly was identified from a previous airborne survey. Although results from the 2014 IP survey identified an anomalous chargeability signature, follow-up drilling was not completed.
Pacific Empire will leverage exploration data obtained from OZ Mineral’s work in 2014 and 2015 with recent access and infrastructure improvements to efficiently and cost-effectively drill these three target areas, it said.
Pinnacle spans 14,040 hectares and lies in central British Columbia, 50 km west of Centerra Gold’s Mt. Milligan mine and 20 km southeast of Kwanika Copper Corp.’s Kwanika deposit.
Contact the author at [email protected]
Story by ProactiveInvestors
Source: https://www.proactiveinvestors.com/companies/news/907372/pacific-empire-minerals-says-reverse-circulation-drilling-has-started-at-pinnacle-project-bc-907372.html
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