Perseverance Metals Discovers a Ni-Cu Sulphide-Bearing Mafic-Ultramafic Intrusion at the Voyageur Project, Michigan
Perseverance Metals has discovered a near-surface, nickel-copper sulphide-bearing mafic-ultramafic intrusion at the Osprey target on its Voyageur Project in Michigan's Upper Peninsula, roughly 65 km west of the producing Eagle mine. Three of four diamond drill holes intersected the blind geophysical target; the intrusion is documented up to 50 metres thick and locally contains 3-8% magmatic sulphides, with portable XRF readings confirming the sulphides are nickel and copper bearing while lab assays remain pending. CEO Michael J.
Key figures
- Drill holes completed
- 4
- Voyageur project area
- over 690 km2
- Distance to eagle mine
- 65 km
- Local sulphide content
- 3-8%
- Max intrusion thickness m
- 50
- Holes intersecting intrusion
- 3
- Eagle mine revenue since 2014
- US$3.2 billion (adjacent property, not Perseverance's)
- Eagle copper production tonnes
- 185000
- Eagle nickel production tonnes
- 194000
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