TSXV:PGC - Post Discussion
Post by
HHAPPY on Jul 25, 2020 11:26am
The next move by management should be announcement of
drilling begining on the NIOBIUM property!!
From the PGC website "
An option agreement was entered into between Plato and Rudy Wahl, and the property was mapped and sampled in the summer of 2017 with promising results. The strategy is to drill the property close to the original high grade discovery trench, with a 5,000 metre drill program. Drilling will give more information to Plato’s geologists, who are very well experienced at working with carbonatite and pyrochlore-bearing rocks, the main host rocks for niobium on the property. The goal is to outline a significant, high grade, close to surface niobium deposit. Niobium has been recently named a “strategic metal” by the U.S. government, with government documents and committees recommending stockpiling niobium along with other strategic metals. With over 90% of the world’s niobium mined and produced in Brazil, it stands to reason that a new, high grade deposit found in Canada would be very favourably looked at."
Its taken 3 years to get here.
Now we wait for the assays to know the true value of this property. As always don't get excited at reported "visual " ore impressions. Only assay result will give us a TRUE valuation.
Here we go, hopefully.
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