VANCOUVER, British Columbia, April 04, 2022 (GLOBE NEWSWIRE) — Major Precious Metals Corp. (“Major Precious Metals” or the “Company”) (NEO: SIZE | OTC: SIZYF | FRANKFURT: 3EZ), a Canadian mining company advancing exploration of its flagship Skaergaard Project in eastern Greenland, the subject of a NI 43-101 Report filed on SEDAR on May 25, 2021 (the “Report”), provides an update to the Skaergaard project.
Shareholders referring to this Report will note that already some 4 million ounces of palladium and 1 million ounces of gold has been outlined as Indicated Resources and close to a further 10 million ounces of palladium and 4 million ounces of gold outlined in the Inferred Resource category all independently assessed and modelled at precious metal prices, well below today’s values.
“This clearly indicates that Skaergaard is a significant and important global resource,” stated the Company’s CEO, Tony Williams.
To support the conclusions in the Report and to potentially expand the resources as previously reported in the Company’s press releases of August 26, and September 17, 2021 and January 6, 2022, over 11,000 new core and channel samples have been collected at the Skaergaard Project and delivered to the ALS Global Laboratory at Loughrea, Ireland for analysis.
“This analysis process is ongoing and although reporting of results has been…
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