Perseverance Metals Intersects High Grade 4.07% Nickel over 2.1m with 0.69% Copper, 0.12% Cobalt, and 1.86g/t PGEs from Baseline Zone Discovery, Lac Gayot Project, Quebec
Executive Summary
- Perseverance Metals released assay results from six additional diamond drill holes (BAS‑25‑003 to BAS‑25‑008) in the Baseline Zone of its Lac Gayot project, confirming high‑grade Ni‑Cu‑Co‑PGE mineralization.
- Hole BAS‑25‑004 intersected a 2.1 m massive sulphide lens with 4.03 % Ni, 0.69 % Cu, 0.12 % Co, and 1.79 g/t Pd; Hole BAS‑25‑003 returned a 0.50 m interval of 3.39 % Cu, 2.06 % Ni, 0.35 % Co, 1.62 g/t Pd, 0.20 g/t Pt, and 0.32 g/t Au.
- The results expand the known strike length of the Baseline Zone to at least 1.3 km and support a broader 6 km × 2 km Venus East mineralized trend, with historic high‑grade intercepts in adjacent “L” and De Champlain zones.
Key Details
- Hole BAS‑25‑004 (massive sulphide lens) – 2.1 m intersect:
- Ni 4.03 % | Cu 0.69 % | Co 0.12 % | Pd 1.79 g/t
- Hole BAS‑25‑003 (copper‑rich zone) – 0.50 m intersect:
- Cu 3.39 % | Ni 2.06 % | Co 0.35 % | Pd 1.62 g/t | Pt 0.20 g/t | Au 0.32 g/t
- Broader interval in BAS‑25‑003 (1.31 m): Cu 1.39 %, Ni 1.31 %, Co 0.15 %, Pd 0.90 g/t, Pt 0.13 g/t, Au 0.14 g/t.
- Additional assay highlights (selected holes):
| Hole | Interval (m) | Ni (%) | Cu (%) | Co (%) | Pd (g/t) | Pt (g/t) | Au (g/t) |
|---|---|---|---|---|---|---|---|
| BAS‑25‑001* | 1.60 | 0.21 | 0.25 | 0.01 | 0.51 | 0.32 | 2.35 |
| BAS‑25‑002* (incl.) | 0.30 | 4.13 | 0.33 | 0.14 | 1.53 | 0.19 | 7.80 |
| BAS‑25‑005 | 2.50 | 0.06 | 0.02 | 0.00 | 0.12 | 0.16 | 0.38 |
| BAS‑25‑006 | 0.50 | 1.31 | 0.05 | 0.04 | 0.09 | 0.10 | 6.60 |
| BAS‑25‑007 | 3.70 | 0.15 | 0.01 | 0.00 | 0.01 | 0.01 | 2.39 |
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*Previously reported results (Nov 5 2025 release).
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Geophysical validation: Downhole BHEM surveys correlate strongly with massive sulphide intersections; conductors extend +100 m NE and +60 m SW from drilled area, supporting a direct‑detection exploration model.
- Historical high‑grade zones (context):
- “L” Zone (2000 BHP drilling) – up to 6.2 % Ni, 0.9 % Cu, 5.9 g/t Pt+Pd+Au over 1.9 m.
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De Champlain Zone (2000 trenching) – up to 10.0 % Ni, 0.3 % Cu, 4.5 g/t Pt+Pd over 0.3 m.
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Future work:
- Early‑2026 high‑resolution ground SQUID EM survey across the entire Venus East Trend to locate additional conductive targets.
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Spring/Summer 2026 drill campaign will focus on step‑out drilling down‑plunge of massive sulphide lenses, guided by BHEM data.
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QA/QC: Core logged and sampled by Laurentia Exploration; blanks, duplicates, standards inserted; analyses performed at ALS Minerals (PREP‑31a, PGM‑ICP24, ME‑ICP61, Ni‑OG62, Cu‑OG62).
Notable Quotes
“I am thrilled with what is developing at the Baseline Zone… Multiple, sequential intersections of high‑grade nickel sulphide strengthen our conviction in the overall fertility of the trend,” – Michael Tucker, CEO.