Pacific Imperial Mines will be undertaking a diamond-drilling program on its Marcionilio Nickel-Copper Property in Bahia State, Brazil. The focus of the drill program is to test a nickel-copper occurrence within a mafic-ultramafic igneous complex that is defined by coincident anomalous nickel and copper values in soil and rocks and a 1,300-meter-long IP anomaly.
A paved road and railway are located across the property and a town with basic services is located within 3 kilometers of the prospect.
A paved road and railway are located across the property and a town with basic services is located within 3 kilometers of the prospect.
The property was acquired through a public bidding process from Companhia Baiana de Pesquisa Mineral (CBPM) in December 2012. In January 2013, the company’s Brazilian subsidiary signed an option agreement with CBPM to acquire a 100 per cent interest in the property.
CBPM recently carried out an airborne geophysical survey followed by a program of geological mapping, soil and rock geochemistry, and an induced polarization (IP) survey directed at evaluating selected targets. A program of three diamond drill holes totaling an estimated 700 meters is planned to test the IP anomaly.
CBPM recently carried out an airborne geophysical survey followed by a program of geological mapping, soil and rock geochemistry, and an induced polarization (IP) survey directed at evaluating selected targets. A program of three diamond drill holes totaling an estimated 700 meters is planned to test the IP anomaly.