Pinnacle Minerals Concludes Drilling Program At Capel Mineral Sands Project

Pinnacle Minerals Ltd (PIM:ASX) has completed a 2,067-metre, 95-hole aircore drilling program at the Capel Mineral Sands Project in Western Australia.

The campaign encountered coherent mineralisation and was completed ahead of schedule, within six days.

Heavy mineral content analysis

Samples are in transit to Diamantina Laboratories in Malaga where they will be subjected to a heavy liquid separation analysis to determine sample composition and total heavy mineral (THM) content.

Scanning of the HM sink by Diamantina mineralogist will inform on the valuable heavy mineral fraction (VHM%) and the mineral assemblage, to guide further studies on the project.

Previous results

Previous exploration on the project conducted by Iluka Resources Ltd (ASX: ILU) identified shallow heavy mineral sands (HMS) mineralisation, including:

  • 21m (metres) at 3.3% HMS (heavy mineral sands) from surface;
  • 21m at 2.6% HMS from surface; and
  • 18m at 2.2% HMS from surface.

What’s next?

It is expected that the results from the assays could take between 6-8 weeks to be returned in full.

Pinnacle Minerals Managing Director Nic Matich said: “Completing the first drilling program of 2024 on schedule is a testament to the team’s resolve to focus on our key projects and deliver on our 2024 exploration plan announced in April.

 “The assay results are eagerly anticipated given some of the visual estimates panned during the program.”

About Pinnacle

Pinnacle is focused on its portfolio of battery and technology metals projects in Canada, Western Australia and South Australia.

The company’s primary focus is the Adina East Project in James Bay, Quebec which is proximal to Winsome Resources Ltd’s (ASX: WR1) world-class Adina Lithium Project.

Pinnacle’s Australian exploration assets are prospective for uranium, rare earth elements and heavy mineral sands.



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