Avalon gets $2.5 million from Sibelco to advance non-JV projects
The companies are partners on the Separation Rapids lithium project in Kenora, Ontario, which is currently in the drilling stage.
Toronto-based Pelangio Exploration (PX:TSX-V) announced that its exploration team has started a limited drilling program at the company’s Dome West property located in Timmins, Ontario.
Dome West, formerly controlled by Central Porcupine Mines, is a 56-hectare land holding that is adjacent to the former Paymaster Mine and separated by some 800 metres from Goldcorp’s open-pit Dome Mine.
In a press release, Pelangio’s management explained that the objective of this limited first phase of diamond drilling is to confirm the presence of a highly prospective porphyritic sill unit that has been named target P1 and that is interpreted to extend across a substantial portion of the Dome West property at the 1000-foot elevation from the former Paymaster Mine property.
The miner also said that the campaign will be supported by the use of a helicopter to access this property.
“We are excited to begin the diamond drill program on our Dome West gold property. The results of this program will be used in confirming the existence of a highly prospective porphyritic sill that is interpreted to extend across the Dome West property. This program represents our first step in advancing this strategic asset,” said Ingrid Hibbard, President and CEO of Pelangio.
Hibbard also suggested that Pelangio’s follow-up plan is to design, permit and conduct a winter drill program in 2020 utilizing ice access, provided that the current drilling is successful.
