The resampling program included the analysis of rhodium, gold and nickel sulphide which were not analysed historically.
Highlights from resampling of historical drill core
Confirmation of broad continuous zones of palladium dominant PGE-copper mineralisation close to surface with significant higher grade sub-intervals, including: o 45 metres at 1.4 g/t 4E and 0.1 % Cu (0.9 g/t Pd, 0.4 g/t Pt, 0.04 g/t Rh and 0.06 g/t Au) from 65 metres (hole PV-01), including 15 metres at 2.6 g/t 4E and 0.2 % Cu (1.8 g/t Pd, 0.7 g/t Pt, 0.08 g/t Rh, 0.09 g/t Au) from 90 metres
Newly discovered presence of anomalous rhodium concentrations o Rhodium (Rh) is a high-value, rare PGE trading at a spot price of
Presence of nickel sulphide mineralisation is indicative of nickel exploration potential within massive sulphide mineralisation o 75 metres at 0.9 g/t 4E and 0.1 % Cu (0.6 g/t Pd, 0.3 g/t Pt, 0.03 g/t Rh, 0.03 g/t Au) from 16 metres (PV-04) including 1 metre at 6.9 g/t 4E, 0.5 % Cu and 0.1 % NiS (Nickel Sulphide) (5.1 g/t Pd, 1.5 g/t Pt, 0.15 g/t Rh, 0.23 g/t Au) from 34 metres
Resampling Program
Kingsrose resampled mineralised intercepts from four quarter cut historical drill holes at Porsvann and five holes at Karenhaugen for a total of 328 samples (including QC samples). The aim of the resampling program was to validate the grade and thickness of historical intercepts, as well as to analyse for rhodium, nickel sulphide and a larger suite of elements for lithogeochemical analysis, as historical data is limited to platinum, palladium and copper analyses only. Platinum, palladium, gold and multielement analyses were carried out on all samples, with select intervals submitted for additional rhodium and nickel sulphide analyses. The results confirm the thickness and grade of historical intercepts, and also indicate the presence of potentially significant rhodium mineralisation. Elevated nickel sulphide is associated with sulphide mineralisation in hole PV-04 and indicates that more massive styles of mineralisation have the potential to be nickel bearing. The multielement suite of data will allow Kingsrose to examine metal ratios and zoning patterns for target generation and geological interpretation purposes
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