Pele Mountain Reports Progress at Pigeon River Project

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Fri, Jun 25, 2010
Platinum Company News
Post by Researcher , Platinum Researcher

Pele Mountain Resources Inc. (TSX VENTURE:GEM) announced the results of its recent drill program at its Pigeon River project in Northern Ontario.

The press release is quoted as saying:

Pele’s 270 square-kilometre Pigeon River property includes large unexplored magnetic targets, near the basal contact of the Duluth Complex, which have the potential to host nickel (“Ni”), copper (“Cu”), and platinum group element (“PGE”) mineralization. Pele completed three diamond drill holes totalling 605 metres, intersecting sediments of the Proterozoic Rove Formation, some containing sulphide, and intruded by several diabase sills.

Click here to access the entire press release

Click here to access Pele Mountain Resources Inc. Corporate Site

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