Progressive Planet Solutions Inc (CVE:PLAN), a low-carbon cement products company, has received initial results from exploration work at its precious metal and natural pozzolan property in Heffley Creek, British Columbia.
The company has commenced a systematic soil geochemical and outcrop sampling program, which will focus on precious metals. The program confirmed previously reported samples from February, revealing gold values of 0.16 and 0.05 parts per million (ppm) in the outcrop below the soil, and resampling of the soil horizon resulted in values of 0.28, 0.25 and 0.15 ppm, the company said.
The exploration program is being led by Dwayne Melrose, a geoscientist with three decades of international mining experience in Central Asia, China, Africa, North America and South America. He is the former CEO of True Gold Mining and Gold Reach Resources, the latter of which saw him oversee a positive preliminary economic assessment.
Melrose also serves as a director and technical advisor of Progressive Planet.
"With a stellar international career, we are pleased to have Dwayne involved as both a director of PLAN as well as his involvement supervising the exploration program at Heffley Creek,” CEO Steve Harpur said in a statement.
“PLAN optioned this property after reviewing prior exploration work completed on the property in 1999 by the largest cement company in Canada," Harpur added. "It was our intention to develop this property as a source of alumino-silicates for use in the production of cementitious products. This is still our intention; however, with the discovery of anomalous gold and nickel in the soil, we also intend to continue testing the soil geochemistry.”
Grab samples within the property resulted in nickel values up to 1,885 ppm, the company said.
"I am very pleased with the initial sampling results to date as they have confirmed the presence of gold and base metals in the bedrock," Melrose said. "I am looking forward to the summer sampling program progressing and receiving more results from the work."
The Vancouver-based company said it is currently undergoing additional soil and outcrop sampling and plans to release results as they are received.
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