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Rafaella Resources Ltd. ( (AU:PVT) ) has provided an announcement.
Pivotal Metals Limited has announced the discovery of a substantial new electromagnetic (EM) conductor beneath the high-grade Alotta Cu-Ni-PGM-Au deposit, suggesting significant potential to extend the mineralization. This discovery, part of their Fixed-Loop Time Domain Electromagnetic (FLTEM) surveys, indicates a new drilling orientation is needed, potentially unlocking further high-grade mineral resources. The findings enhance the exploration potential of the Midrim Project and support the company’s strategic expansion in Quebec, with implications for increased resource development and stakeholder interest.
More about Rafaella Resources Ltd.
Pivotal Metals Limited is a company operating in the mining industry, focusing on the exploration and development of copper, nickel, platinum group metals (PGM), and gold projects. The company has projects in Canada, including the Horden Lake and Belleterre Projects, which are known for their high-grade mineral deposits.
Average Trading Volume: 3,815,221
Technical Sentiment Signal: Sell
Current Market Cap: A$11.79M
For an in-depth examination of PVT stock, go to TipRanks’ Overview page.