Major Precious Metals published an updated Mineral Resource estimate for its Skaergaard project. Based upon 42050m of drilling and 1409m of channel sampling, the study defined an indicated resource of 160 Mt @ 2.23g/t PdEq resulting in 11.4 Moz PdEq, including 8.04 Moz Pd, 2.7 Moz Au, and 0.63 Moz Pt at a cut off grade of 1.43 g/t PdEq. The inferred resource is estimated to contain 205 Mt @ 2.14g/t PdEq, resulting in 14.1 Moz PdEq, including 9.11 Moz Pd, 4.13 Moz Au, and 0.74 Moz Pt at a cut-off grade of 1.43 g/t PdEq.
Skaergaard mineralized layers model and resource classification (Source: www.majorprecious.com)
