GT Resources reported on the latest work in the vicinity of its Kostonjarvi (KS) Copper-Nickel-PGE project in northern Finland. The project hosts parts of an inferred large feeder dyke to the Koillismaa complex. While the Koillismaa complex hosts large tonnage, low-grade Ni-Cu-PGE mineralization, the feeder dyke is inferred to host more massive, high-value sulfide mineralization. Recent drill testing of inferred feeder dyke to the east of the KS project by the Finnish geological survey confirmed the occurrence of ultramafic rocks, starting at a depth of 1400m. The hole was stopped at a depth of 1724m, still within the ultramafic rock package, thus not intersecting the most prospective, basal part of the unit. Awaiting final results from additional public studies of the feeder system in the east, the company plans to conduct additional magnetotelluric surveys within its permit area, where the feeder dyke appears to come closer to surface.
LK and KS projects in relation to the GTK drill hole and the trace of the feeder dyke (Source: www.gtresourcesinc.com)
