• Audiomagnetotellurics and Induced Polarization geophysical surveys are commencing on Peloton Minerals’ (PMC) Golden Trail Property
  •  Surface work has been completed for a DEEPEM geophysical survey conducted at the Boulder Copper Porphyry Property
  • Ted Ellwood, CEO of Peleton Minerals, sat down with Daniella Atkinson to discuss the news
  • The surveys are to follow up on the 2021 drilling of a series of hydrothermal alteration anomalies identified by an airborne hyperspectral survey
  • The geophysical surveys are intended to try to image the source of the mineralizing fluids and to plan a deeper drilling program in this area
  • Peloton Minerals Corporation (PMC) opened trading at C$0.08 per share

Peloton Minerals Corporation (PMC) reported that AMT and IP geophysical surveys are commencing on the company’s Golden Trail Property in Elko County, Nevada.

Surface work has been completed for a DEEPEM geophysical survey conducted at the Boulder Copper Porphyry Property near Butte, Montana.

Ted Ellwood, CEO of Peleton Minerals, sat down with Daniella Atkinson to discuss the news.

The Boulder Property is held by Peloton subsidiary, Celerity Mineral Corporation, which Peloton plans to spin out as its own publicly traded entity. The completion of the geophysical work on the Boulder Property will enable a 43-101 technical report to be finalized and the Celerity “Going Public” process to move forward.

Peloton holds a 100 per cent interest in three Carlin-style gold exploration projects located in Elko County, Nevada, all of which are permitted for drilling. 

Peloton Minerals Corporation (PMC) opened trading at C$0.06 per share.


More From The Market Online

@ the Bell: Could the TSX keep hold of recent gains?

The biggest drag on the TSX was sustained by the heavyweight energy and mining sectors, while industrials and utilities also fell.
Mandalay Resources - Mandalay's Björkdal gold mine in Sweden.

This profitable gold stock is on its way up

An attractive stock to consider under a gold-equity dislocation thesis is Mandalay Resources, whose mines are profitable and 100%-owned.

Pampa Metals completes drill hole PIU-03 at Piuquenes Project

Pampa Metals (CSE:PM) reveals it has completed drilling at hole PIU-03 at its Piuquenes Project in Argentina.

Critical raw materials pioneer drives Europe’s clean energy transition

Leading Edge Materials Corp. (TSXV:LEM) offers an exciting proposition as it stands at the forefront of the critical raw materials sector.