Picket Pin PGM Horizon Project
The Picket Pin horizon is 22 kilometers in length and is located stratigraphically above the world’s highest grade PGM mineraliztion horizon known as the “J-M Reef” which is currently being mined by Stillwater Mining Company.
The Picket Pin PGM mineralization is associated with disseminated sulfides hosted within an anorthosite member, located near the contact between the Middle and Upper Banded Series of the Stillwater Complex. The sulfide zone is strata bound, laterally continuous (up to 2 meters thick) with podiform and lenticular shape. Sulfide PGM mineralization is also associated with pipe-like feeder zones that are approximately 50 meters thick in diameter and extend down to 150 meters below the main horizon.