VANCOUVER, BC, Dec. 18, 2020 /CNW/ - Progressive Planet
Solutions Inc. (TSXV: 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 completed the 2020 Summer Exploration program
with positive results on its 100% owned Heffley Creek Metals
and Pozzolan Property in BC. PLAN has progressively reported
through the summer of 2020 the results and discovery of a nickel
and chromium soil anomalies, which were then confirmed by detailed
rock sampling. The nickel and chromium anomalous area ranges
from 150 to 300 metres in width and 600 to 800 metres in length
(PLAN October 28, 2020).
The summer program consisted of soil sampling (459 soil
samples), rock sampling (271 rock samples) and prospecting.
A total of 271 rock samples have submitted for analysis and all
results have been received to date. Of the 271 samples, 84
(31%) returned values greater than 0.1% nickel and 43 (15.9%) of
those samples returned values greater than 0.2% nickel, with the
highest value being 0.27% nickel. The results are illustrated
on Figure 1.
Of the 271 rock samples, 59 (21.8%) samples returned
values greater than 0.2% chromium and 13 (4.8%) of those samples
returned values greater than 0.4 % chromium with the highest values
being 0.66% chromium. The results are illustrated on Figure
2.
Figures 1 and 2 illustrates the coincident anomalous nickel and
chromium sample locations in an area ranging from 150 to 350 metres
in width and 600 to 800 metres in length. The anomalous area
is still open along strike to the south into an area of little
outcrop. This anomalous trend is coincident with the
previously identified nickel in soil anomaly reported on
August 5, 2020.
The anomalous nickel and chromium grab samples were collected in
altered leuco-gabbro and serpentinite rocks. There are 2 anomalous
nickel – chromium samples (+ 0.1 % Ni and + 0.1% Cr) 500 metres to
the south along this trend. The area between the 2 anomalous
trends will be sampled in detail in the future, but with the lack
of outcrop in this area and the beginning of snow fall at the high
elevation of the area, this work will commence in the Spring of
2021.
All rock samples were also analyzed for gold. A total of 9
(3.3%) grab samples returned values over 0.1 g/t gold with the
highest grab sample returned 0.6 g/t gold. Figure 3
illustrates the location of the anomalous gold samples within an
area approximately 200 metres wide by 800 metres long with abundant
quartz boulders and gabbroic bedrock with quartz stringers and
veins. There is no correlation with gold and the nickel –
chromium.
All samples are not necessarily representative of the
mineralization hosted on the property.
"I am very pleased with the results of the overall summer
exploration program with the discovery of the nickel - chromium
soil anomaly, then verifying the soil anomaly with rock sampling
and then defining of the nickel – chromium anomaly in width and in
length" indicated Dwayne Melrose,
Director and Technical Advisor for PLAN. "There are still remaining
identified nickel – chromium samples outside of the main anomalous
area plus the elevated gold samples that have to be followed up in
2021. All data from the summer program will be complied and
interpreted to define the 2021 summer exploration program."
"The discovery of anomalous chromium values of up to 0.66% in
conjunction with the nickel values increases the value of the rock.
Stainless steels contain at least 10.5% chromium, so there is a
robust market for nickel and chromium. PLAN will begin the process
of applying for a drill permit in January
2021," stated Steve Harpur,
CEO.
As part of the check analysis program, 62 rock samples selected
and were re-analyzed using Whole Rock Fusion/X-Ray Fluorescence
Spectroscopy (XRF) at the ALS Canada metallurgical facility in
Kamloops. XRF reported an increase of chromium content
compared to the 4 acid digestion ICP that was initially used. To
verify the chromium results and as a further check, all rock
samples were then subjected to Whole Rock Fusion/X-Ray Fluorescence
Spectroscopy (XRF) and conducted by ALS Canada Geochemical
Division. The comparison of the XRF results with the original
62 XRF check samples have a very high repeatability. When
comparing the two analytical methods for chromium results, the XRF
values on average returned higher chromium values at an average
ratio of 1.6 times. As the XRF method is a more precise
method, all chromium results reported in this release and in the
future will be based of the XRF analytical method.
Analyses were completed by the Metallurgical division and also
the Geochemical 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. All rock samples were also
analyzed by 14 element Whole Rock Fusion/X-Ray Fluorescence
Spectroscopy (XRF).
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.
Update on Testing with University of
Alberta
PLAN received written notification from the University of Alberta that due to access
restrictions effective from December 14,
2020 through to a minimum of January
11, 2021, no testing work can be completed on the five tests
which were contracted for completion with U of A as announced in a
news release on August 20, 2020.
"While this news is disappointing, we recognize that the safety of
research staff is paramount during these unprecedent times. PLAN
will evaluate other options to accelerate final testing of its
PozGlass SCM product. PozGlass SCM was developed by PLAN to replace
fly ash in concrete," stated Steve
Harpur, CEO.
ABOUT PROGRESSIVE PLANET
Progressive Planet is an emerging leader in supplying solutions
for a livable planet by developing low carbon, pozzolan-based,
cementing products which replace equivalent amounts of Portland
Cement and fly ash in concrete. The production of Portland Cement
is the second largest global generator of CO2 emissions.
Progressive Planet operates its flagship Z1 Zeolite Quarry in
Cache Creek, BC and is earning an
100% interest in the Z2 Natural Pozzolan Property near Falkland, BC and earning a 100% interest in
the Heffley Creek Metals and Natural Pozzolan Property. All three
properties are within a one-hour drive of Kamloops, BC, an industrial hub with rail
access to Canadian and US markets.
Forward-Looking Statements:
Neither the TSX Venture
Exchange nor its Regulation Services Provider (as that term is
defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this
release.
SOURCE Progressive Planet Solutions