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The Muskox Layered Ultramafic Intrusion fills a large, rifted graben that opened north to south. The graben was filled by cyclic intrusions of magma from deep within the earth's crust. Ultramafic rocks predominate the lower sequences of this layered intrusion. The deep-set ultramafics are overlain by mafic cumulates towards the top of the intrusion. Multiple layers contain interstitial to net-textured sulfides, and layers near the top of the intrusion are chromite enriched and bear a striking similarity to the platinum-bearing Merensky Reef and the
In areas where hot diabase dykes have cut through the reef, remobilization of PGEs adjacent to the dykes appears to have increased the potential for economic accumulation. The cross-cutting diabase dykes are easily identified on historical geophysical data held by the Company. In addition, historical geophysical data also shows the downdip extension of the Muskox Reef and reveals PGE-sulfide targets at depth.
The Company’s geological team will investigate the potential for PGE remobilization and enrichment on the reef by geological mapping and sampling the outcropping exposure of the PGE-Chromite reef. Mapping and sampling work will focus on areas adjacent to cross-cutting diabase dykes where PGE enrichment is most likely.
Qualified Person
On behalf of the Board of Directors
“Harold Forzley”
CEO
For more information contact
info@bathurstmetalscorp.com
Neither
Forward Looking Statements
Certain of the statements made and information contained herein may contain forward- looking information within the meaning of applicable Canadian securities laws. Forward-looking information includes, but is not limited to, information concerning the Company's intentions with respect to the development of its mineral properties. Forward-looking information is based on the views, opinions, intentions and estimates of management at the date the information is made, and is based on a number of assumptions and subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated or projected in the forward-looking information (including the actions of other parties who have agreed to do certain things and the approval of certain regulatory bodies). Many of these assumptions are based on factors and events that are not within the control of the Company and there is no assurance they will prove to be correct. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change except as required by applicable securities laws, or to comment on analyses, expectations or statements made by third parties in respect of the Company, its financial or operating results or its securities. The reader is cautioned not to place undue reliance on forward-looking information.
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