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Pivotal Metals Limited (ASX:PVT)

ALERT: Price-sensitive ASX Announcement for PVT
Current share price for PVT : $0.017 0.007 (70%)+
Announcement
Release
10 Jun 2026 9:09AM
Price at Release
$0.010
Full Release
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Summary
Pivotal Metals Limited announced the completion of its maiden drill program at the Midrim Project, part of the Belleterre Projects located in Québec, Canada. The drilling results at the Alotta and Midrim East targets revealed high-grade copper, nickel, and platinum group elements (PGEs) mineralisation. Notably, the Alotta drilling intersected 21.8 meters at 1.3% nickel, 1.0% copper, and 1.3 g/t 3PGE from 73 meters, including a higher-grade zone of 4.7 meters at 2.7% nickel, 1.7% copper, and 2.4 g/t 3PGE. The mineralisation is consistent with previous findings, supporting a remobilised sulphide emplacement model at Alotta. The Belleterre project area is under active exploration, with further drilling and geophysical surveys planned to enhance understanding and develop additional drill targets within the regional mineralised corridor. The company also advances the Horden Lake copper deposit, with an updated mineral resource estimate and scoping study set for Q3 2026.
Key Points
  • Completion of maiden drill program at Midrim Project in Québec.
  • High-grade Cu, Ni, and PGE mineralisation confirmed at Alotta.
  • Alotta drilling results include 21.8m at 1.3% Ni, 1.0% Cu, 1.3 g/t 3PGE.
  • Remobilised sulphide emplacement model supported.
  • Active exploration across Belleterre with further drilling planned.
  • Simultaneous development at Horden Lake Cu deposit.
  • Updated MRE and scoping study for Horden Lake due in Q3 2026.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.