BASE METALS SPECIAL — Platinova A/S gears up for work on its properties in Greenland

The onset of summer has Platinova A/S (PAS-T) gearing up for work programs at various properties in Greenland.

Drilling has begun at the company’s wholly owned Peary Land zinc project, situated on tidewater. Previous, widely spaced drilling there outlined an extensive sheet of sulphides hosting about 25 million tons of 7-8% zinc mineralization.

This year’s program is aimed at delineating a threshold tonnage of higher-grade material (within the existing resource) in an area where sections of 13% zinc have been intersected over widths of 4.3 metres. The program will also test an area of outcropping mineralization where grades of up to 12.6% zinc and 5.4% lead have been intersected over 2.2 metres.

Meanwhile, the mining industry will be closely monitoring work at Platinova’s Macrodike copper-nickel project, a “Voisey’s Bay-type” target.

The project has already caught the attention of Falconbridge (FL-T), which formed a joint venture with Platinova to explore a large, feeder-dyke system that has similarities to the geological setting of Voisey’s Bay.

The major can earn a 51% interest in this project by completing 2,500 metres of drilling. A geophysical survey has already been completed, and the data are being evaluated in preparation for drilling.