Coniagas Battery Metals Accelerates Exploration at Graal Project with Promising Results
TL;DR
Coniagas Battery Metals CEO Frank Basa announces expansion of near-surface mineral resources at the Graal project in Quebec, positioning the company for future growth and development.
The company is actively applying for permits to expand the near-surface mineral resources at the Graal project, which aims to further delineate the resource potential and enhance the project's economic viability.
The ongoing and planned exploration activities aim to enhance the resource base and support the project's economic feasibility, positioning Coniagas Battery Metals for future growth and development.
The Graal project has confirmed an open-pit deposit model along a 6 km strike length, featuring high-grade nickel and copper with cobalt, platinum, and palladium byproducts.
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Coniagas Battery Metals, a mineral exploration company, is actively pursuing permits to expand the near-surface mineral resources at its Graal project in Quebec. This strategic move aims to further delineate the resource potential and bolster the project's economic viability.
The Graal project has confirmed an open-pit deposit model along a 6 km strike length, featuring high-grade nickel and copper mineralization with valuable byproducts such as cobalt, platinum, and palladium. The company plans to conduct additional drilling in the near term, leading to the production of a NI 43-101 resource report.
Coniagas Battery Metals CEO Frank Basa highlighted the excellent drilling results reported from the MHY and Gravi zones, which confirm shallow, near-surface mineralization. Significant drill intercepts include 28.90 meters of 2.28% CuEq, including 0.73% Nickel, 0.41% Copper, 0.09% Cobalt, 0.04 g/t Platinum, and 0.05 g/t Palladium.
These promising results reinforce the significant potential of the Graal property to host valuable nickel, copper, and cobalt mineralization. The ongoing and planned exploration activities aim to enhance the resource base and support the project's economic feasibility, positioning Coniagas Battery Metals for future growth and development in the critical battery metals sector.
Curated from News Direct
