While PDM is exploring at the surface, the biggest potential is underground.
As Derrick alluded to in the last interview, they will benefit from the drilling that Finish Geological society is undertaking. Here are a couple of links regarding the project
https://spotlightmining.com/blog/the-koillismaa-deep-hole-solving-the-mystery-of-the-hidden-dyke/
https://www.gtk.fi/en/has-the-geological-mystery-in-koillismaa-been-solved/
Here is what we know...
In the middle of December they drilled below 1500 meters. it appears from a marked change in colour that the cause of the gravitational anomaly has been intersected at 1423m. Initially the change from a reddish grey granitic rock to a dark green to black rock was treated with caution and thought to be a small intrusion or vein, but so far it has continued for over 100m indicating a substantial unit. The interpretation currently sits at a metamorphosed ultramafic cumulate rock in which olivine has altered to talc, and pyroxene altered to amphibole. The rock type identified during drilling may represent the same geological units as rocks in the Nrnkvaara and Syte areas. What makes this particularly interesting is that similar rock types are known to contain mineral deposits enriched in platinum group elements, nickel and copper, as well as chromium, vanadium, iron and titanium.
The next steps, in addition to completing the drilling, include a more detailed analysis of the sample material and, for example, the determination of the age of the rock type and the composition of rocks using analytical methods
I have not seen any additional info released since December, but looking forward to see the rock analysis results.
The big question is whether the anomaly comes up closer to the surface as it continues thru PDM's permit area. After all, PDM's surface finds originate from this anomaly and there is a very good chance that the anomaly rises as it gets closer to PDM's surface finds.
So, two things that I'm tracking:
1. The rock analysis from the Finish Geological society staring from 1423. The intersept is already over 100m and they are still drilling thru the intersect. This could be a monster resource of PGE metals.
2. Any clues as to wther anomaly gets closer to the surface as it gets closer to PDM's surface finds. Anything above 1000m would be great. Just look at Nornickel's operations... The ore is mined underground via several shafts, and a decline. The ore deposits are currently being extracted at greater than 1,200 m below ground. The ore deposits are drilled from the surface. The deposits are being explored using electromagnetic field geophysics, with detection loops on the Earth's surface with dimensions of over 1,000 m on a side. They are conclusively able to image the conduction nickel ore at depths in excess of 1,800 m
One of the Norilsk's mines that just got flooded is 850m deep.
This is a long term play and none of this is currently accounted for in the SP.
But definitely a story worth following as the potential to PDM is enormous.
Cannot wait to find out the results of rock analysis.
GLTA