Progressive Planet Solutions Inc. (CVE:PLAN) said it has expanded the confirmed bedrock source for the nickel in soil anomaly that it previously reported on its 100% owned Heffley Creek Metals and Pozzolan Property in British Columbia (BC).
The company, an emerging leader in the commercialization of natural pozzolans to reduce the carbon footprint of cement production, also reported multiple samples with anomalous levels of chromium, and said the latest sampling has identified a correlation between the elevated nickel and elevated chromium values.
Based on the soil survey results reported on August 5, 2020, and confirmation of a bedrock source reported on August 17, 2020, PLAN said it continues its systematic rock sampling program to confirm the soil sample results and to define the limits of the nickel in bedrock anomaly.
A total of 218 samples have been collected and submitted for analysis to date. A total of 161 rock sample results have been received to date. Of the 161 grab samples, 37 (23%) returned values greater than 0.1% nickel and 10 (6.2%) of those grab samples returned values greater than 0.2% nickel, with the highest value being 0.26% nickel.
\Of the 161 grab samples, 18 (11%) returned values greater than 0.1% chromium and 5 (3.1%) of those samples returned values great than 0.2 % chromium with the highest values being 0.45% chromium. All samples were grab samples and are not necessarily representative of the mineralization hosted on the property.
The anomalous nickel and chromium grab samples were collected in altered leuco-gabbro and serpentinite rocks. Further rock sampling on the property in the area of the nickel in soil anomaly is currently in progress.
"I am very pleased with the results of outcrop sampling which consistently confirmed a bedrock source for the nickel in soil anomaly," Dwayne Melrose, director and Technical Advisor for PLAN said in a statement.
"The identified nickel-chromium anomaly is continually being extended in length, and our future plans will focus on the area of little outcrop between the anomalous samples to the south."
Steve Harpur, PLAN CEO added: "The discovery of anomalous chromium values of up to 0.45% in conjunction with the nickel values increases the value of the rock. Stainless steels contain at least 10.5% chromium, so there is a robust market for nickel and chromium. PLAN continues to accelerate its exploration program at Heffley Creek for the remainder of 2020. We will continue sampling bedrock until the snow arrives. We anticipate drilling this property in 2021 while also obtain bedrock samples in the 500-meter area between the 800-meter strike length to the north and the anomalous samples taken in the south."
PLAN operates its flagship Z1 Zeolite Quarry in Cache Creek, BC and is earning a 100% interest in the Z2 Natural Pozzolan Property near Falkland, BC and earning a 100% interest in the Heffley Creek Metals and Natural Pozzolan Property. All three properties are within a one-hour drive of Kamloops, BC, an industrial hub with rail access to Canadian and US markets.
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