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The latest update is out from Rafaella Resources Ltd. ( (AU:PVT) ).
Pivotal Metals Limited has commenced a new phase of drilling and technical work at its wholly-owned Quebec projects, with significant activities underway at Horden Lake and BAGB. At Horden Lake, a major drilling contractor has mobilized to initiate a 1,500m diamond drilling program targeted at expanding shallow resources identified in previous exploration. The project is also nearing the completion of a metallurgical testwork program to develop copper and nickel concentrates, which is crucial for updating the mineral resource estimate. At BAGB, extensive target assessments are progressing, leveraging historical high-grade Ni-Cu-PGM and gold findings, with plans for further exploration in Q2 2025. These initiatives are expected to enhance the company’s resource base and attract further investment interest.
More about Rafaella Resources Ltd.
Pivotal Metals Limited, listed on the ASX under the ticker PVT, is engaged in the exploration and development of nickel, copper, and platinum group metals (Ni-Cu-PGM) in Canada. Their key projects include Horden Lake and Belleterre-Angliers for both development and exploration of these metals, focusing on expanding their mineral resource portfolio in Quebec.
Average Trading Volume: 1,661,276
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$6.35M
See more data about PVT stock on TipRanks’ Stock Analysis page.