![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Monday, August 17, 2020 1:42:27 PM
":PLAN) ("PLAN" or "Progressive Planet"), an emerging leader in the commercialization of natural pozzolans to reduce the carbon footprint of cement production, is pleased to announce that it has confirmed a bedrock source for the nickel in soil anomaly that PLAN reported on August 5, 2020 on its 100% owned Heffley Creek Base - Precious Metal and Pozzolan Property, BC.
Based on the soil survey results reported on August 5, 2020, PLAN commenced a systematic rock sampling program to confirm the soil sample results and a follow-up soil sampling program to extend the existing nickel in soil anomaly.
A total of 55 grab samples were collected and submitted for analysis. Of the 55 grab samples, 28 returned values greater than 1,000 PPM (0.1%) nickel and 2 of those grab samples returned values as high as 2,180 and 2,130 PPM (0.21%) nickel. All samples were grab samples and are not necessarily representative of the mineralization hosted on the property.
Figure 1 illustrates the anomalous nickel grab samples in an area of 200 by 250 metres coinciding with the nickel in soil anomaly that was previously reported. The anomalous nickel grab samples were collected in altered leuco-gabbro and serpentinite rocks. Further rock sampling on the property in the area of the nickel in soil anomaly is currently in progress. There are also anomalous nickel grab samples within the gabbro to the south, west and north that will also be followed up in the future.
A total of 192 soil samples have been collected to date and results for 109 of these samples were reported on our news release of August 5, 2020. Figure 2 plots the remaining 83 sample results.
For the 192 soil samples, 39% of the samples returned values above 300 PPM nickel, while 11.5% of the samples returned values above 1,000 PPM nickel and 3.6% of the samples returned values over 2,000 PPM nickel.
The sampling has extended the width of the nickel in soil anomaly towards the east of the main anomalous nickel area by approximately 25 to 50 metres. Further soil sampling is currently being conducted to extend the nickel in soil anomaly along strike to the north and the south.
Figure 1
Image: https://www.accesswire.com/users/newswire/images/602038/image-20200817112750-1.jpeg
Figure 2
Image: https://www.accesswire.com/users/newswire/images/602038/image-20200817112807-2.jpeg
"I am very pleased with the results of outcrop sampling which confirmed a bedrock source for the nickel in soil anomaly" indicated Dwayne Melrose, Director and Technical Advisor for PLAN. "PLAN will continue it outcrop sampling in the areas of the nickel in soil anomaly to better define the bedrock source of the nickel. In addition, we will extend the soil sampling along strike to the north and south of the nickel in soil anomaly".
"Based on the confirmation of nickel in the bedrock, PLAN is accelerating its exploration program for Heffley Creek for the remainder of 2020. We intend to increase the time spent on the property this Fall.," stated Steve Harpur, CEO.
Analyses were completed by the Geochemistry division of ALS Canada. Base metal contents were measured by aqua-regia digestion and analysis on ICP-AES. The Precious Metals analyses were completed on all samples using fire assay fusion followed by AA finish (Au) or ICP finish (Pt and Pd) to measure gold, platinum, and palladium. Silver was measured using aqua regia digestion.
Dwayne Melrose, P. GEO, a qualified person for the purposes of National Instrument 43-101, has reviewed and approved the contents of this news release."
Recent PLAN News
- Progressive Planet continues share buyback program and provides corporate update • PR Newswire (Canada) • 08/07/2024 11:30:00 AM
- Progressive Planet share buyback starts strong, building long-term shareholder value • PR Newswire (Canada) • 07/11/2024 11:30:00 AM
- Progressive Planet Announces Normal Course Issuer Bid • PR Newswire (Canada) • 06/04/2024 11:30:00 AM
- Progressive Planet Announces Superb 28 Day Compressive Strength for New Low Carbon Cement • PR Newswire (Canada) • 05/02/2024 11:00:00 AM
- Progressive Planet Announces Superb Compressive Strength for New Low Carbon Cement • PR Newswire (Canada) • 04/11/2024 11:00:00 AM
- Progressive Planet Announces Issuance of Stock Options • PR Newswire (Canada) • 03/14/2024 09:33:00 PM
- Progressive Planet Announces Record Net Income for Q3 • PR Newswire (Canada) • 03/08/2024 07:41:00 PM
- Progressive Planet Provides Corporate Update on Cement and Fertilizer Innovation • PR Newswire (Canada) • 02/23/2024 01:30:00 PM
- Progressive Planet Completes Sale of Equipment to CarbonIP • PR Newswire (Canada) • 02/20/2024 01:30:00 PM
- Progressive Planet Announces Change of Senior Management • PR Newswire (Canada) • 02/15/2024 01:30:00 PM
- Progressive Planet Obtains up to $0.37M in Funding from NGEN for PozGlass™ 100G Pilot Plant • PR Newswire (Canada) • 02/08/2024 01:30:00 PM
- Progressive Planet Signs First Agreement for Continuing Royalty on Existing IP • PR Newswire (Canada) • 02/07/2024 01:30:00 PM
- Progressive Planet Provides Corporate Update for Fiscal Q3 2024 • PR Newswire (Canada) • 02/01/2024 01:30:00 PM
- Progressive Planet Reports Record Quarterly Revenues and Income from Operations in Fiscal Q2 2024 • PR Newswire (Canada) • 12/06/2023 03:09:00 PM
- Bromley Creek Quarry Receives New 5-Year Permit • PR Newswire (Canada) • 11/27/2023 01:30:00 PM
- Dual-Listed CleanTech Company Receives Five-Year Permit • AllPennyStocks.com • 11/27/2023 05:00:00 AM
- Dual-Listed CleanTech Company Receives Five-Year Permit • AllPennyStocks.com • 11/27/2023 05:00:00 AM
- Progressive Planet Provides Operational Update • PR Newswire (Canada) • 10/30/2023 12:30:00 PM
- Progressive Planet Launches New Soil Conditioner Product to Further Reduce Chemical Fertilizer Application • PR Newswire (Canada) • 10/06/2023 12:30:00 PM
- Progressive Planet Reports Financial Results for Fiscal Q1 2024 • PR Newswire (Canada) • 09/25/2023 05:47:00 PM
- L'Organisme canadien de réglementation des investissements permet la reprise de la négociation - PLAN • PR Newswire (Canada) • 09/11/2023 08:30:00 PM
- Canadian Investment Regulatory Organization Trade Resumption - PLAN • PR Newswire (Canada) • 09/11/2023 08:27:00 PM
- TSX Venture Exchange Stock Maintenance Bulletins • PR Newswire (Canada) • 09/08/2023 11:57:00 PM
- Progressive Planet Shares to Resume Trading on Tuesday, September 12, 2023 • PR Newswire (Canada) • 09/08/2023 11:14:00 PM
- Suspension de la négociation par l'Organisme canadien de réglementation des investissements - PLAN • PR Newswire (Canada) • 09/05/2023 03:25:00 PM
PickleJar Unveils Latest Venue Managed Services Innovations in Upcoming Webinar • PKLE • Aug 23, 2024 1:11 PM
Element79 Gold Corp Provides Update on Nevada Portfolio • ELMGF • Aug 23, 2024 8:00 AM
Maybacks Adds Award Winning Show to Its Lineup Discusses Maybacks Opportunity • AHRO • Aug 22, 2024 11:30 AM
North Bay Resources Announces First Gold Concentrate at Mt. Vernon Gold Mine, Assays 12 oz/ton Gold, 17.5 oz/ton Platinum, and 8 oz./ton Silver, Sierra County, California • NBRI • Aug 22, 2024 10:28 AM
All Things Mobile Analytic, Inc. Reports Major Growth with Over $11 Million in Revenue • ATMH • Aug 22, 2024 7:19 AM
Unitronix Announces Strategic Entry into Cryptocurrency Space • UTRX • Aug 21, 2024 10:00 AM