Pivotal Metals holds 100% of the Horden Lake copper-nickel-gold-PGM-cobalt resource and the Belleterre exploration portfolio, in Québec, Canada.
Pivotal Metals
Pivotal Metals (ASX: PVT) is the 100% owner of the Horden Lake copper-nickel-gold-silver-PGM-cobalt project and the Belleterre exploration portfolio, both in Québec, Canada. Horden Lake carries a JORC-compliant Mineral Resource; the Company’s strategy is to grow that resource while de-risking the project, in parallel with systematic drill-testing of Belleterre’s high-grade copper-nickel-PGM occurrences.
Latest news
All announcements →Pivotal Metals reported Phase 2 metallurgical testwork results for its Horden Lake Copper Project in Quebec, showing improved copper recoveries above 90% into a clean, high-grade concentrate along with nickel, gold, silver, palladium, platinum and cobalt by-product credits. The results will inform the company's in-progress scoping study, due in September 2026.
The Numbers
Horden Lake — 2026 Mineral Resource
52.4 Mt
Total Mineral Resource
1.05%
CuEq grade
292 kt
Contained copper
Comprises 24.3 Mt Measured & Indicated and 28.1 Mt Inferred. Source: ASX announcement 07 July 2026, “Major Copper Resource Growth at Horden Lake”. JORC 2012, effective 15 June 2026. Cut-offs: 25 USD/t NSR (open pit), 65 USD/t NSR (underground). No Ore Reserves have been declared.
Capital structure
Interactive
The model renders drill-hole traces, assay-coloured intervals, the resource block model and pit shells. Drag to orbit, scroll to zoom.
Horden Lake — interactive 3D model
Explore drill-hole traces, assay-coloured intervals, the resource block model and optimised pit shells. Drag to orbit, scroll to zoom.
3D model of the Horden Lake deposit, built from the drilling and resource-modelling data underlying the JORC 2012 Mineral Resource Estimate effective 15 June 2026.
The Projects
Flagship
A 52.4 Mt @ 1.05% CuEq JORC (2012) Mineral Resource — copper-dominant, with nickel, gold, silver, PGM and cobalt — 100% owned and advancing toward a scoping study in a Tier-1 Québec jurisdiction.
View project detailExploration
A 100%-owned, 160 km² land package on the Belleterre-Angliers Greenstone Belt. Exploration-stage — no Mineral Resource has been estimated — with maiden 2026 drilling returning high-grade Cu-Ni-PGM intercepts at Alotta.
View project detailFrom the Field
Pivotal Metals reported Phase 2 metallurgical testwork results for its Horden Lake Copper Project in Quebec, showing improved copper recoveries above 90% into a clean, high-grade concentrate along with nickel, gold, silver, palladium, platinum and cobalt by-product credits. The results will inform the company's in-progress scoping study, due in September 2026.
Download PDFPivotal Metals has entered an option agreement to acquire 100% of the 57-claim, 3,320-hectare Bambino Project in Québec, which surrounds its existing Delphi Patry and Zullo occurrences and consolidates the Midrim-Zullo trend of high-grade Cu-Ni-PGM occurrences. Consideration is C$125,000 cash, 9,615,000 shares and $500,000 of exploration work over three years, with a 2.0% NSR retained by the vendors. Surface geophysics is planned from September ahead of possible drilling in the fourth quarter, while drilling continues at the Lorraine mine.
Download PDFPivotal Metals reported a large increase in its Horden Lake copper resource (52 Mt at 1.05% CuEq) and continued drilling at its Belleterre exploration projects in Québec during the June 2026 quarter, including high-grade nickel-copper-PGM results at Alotta. The company held a cash balance of $3.482m at quarter end and is progressing a Scoping Study for Horden Lake expected by the end of Q3 2026.
Download PDFPivotal Metals reported a major increase in the Mineral Resource Estimate at its Horden Lake copper-nickel-gold-PGM-cobalt project in Quebec, Canada, growing the total resource by 42% to 52 Mt at 1.05% CuEq (549 kt CuEq) and the pit-constrained open pit resource by 46% to 45 Mt at 1.07% CuEq (485 kt CuEq). The growth was driven by drilling geophysical EM conductors, and the deposit remains open along strike and at depth with further undrilled conductive targets identified. The updated MRE is intended to underpin a Scoping Study planned for Q3 2026.
Download PDFPivotal Metals has expanded its Belleterre diamond drilling program in Québec by an additional 1,500m, targeting eight never-drilled IP-defined copper-nickel and gold anomalies at Lorraine Mine East, adjacent to the past-producing Lorraine Copper Mine. The current 1,800m program is nearing completion, with hole 26-PIV-08 at 420m, approximately 150m from the Shanty Lake FLTEM conductor target. A Horden Lake Mineral Resource update and scoping study are expected before the end of Q3 2026.
Download PDFPivotal Metals reported the first assay results from its maiden drill program at the Belleterre Projects in Québec, with drilling at the Alotta target intersecting high-grade copper-nickel-PGE sulphide mineralisation, including 21.8m @ 1.3% Ni, 1.0% Cu & 1.3 g/t 3PGE from 73m. The company also outlined ongoing exploration across the Belleterre corridor and an updated work program for its 100%-owned Horden Lake copper deposit, including a mineral resource update and scoping study targeted for Q3 2026.
Download PDFPivotal Metals has commenced a maiden modern field exploration program at the LaForce Cu-Ni target within its 100%-owned Belleterre portfolio in Québec, Canada. The program follows reinterpretation of historical drilling and geochemical data that identified multiple new undrilled priority targets, with field validation and EM surveys planned ahead of potential 2026 drill testing.
Download PDFPivotal Metals reported quarterly exploration progress across its Belleterre (Québec) copper-gold-nickel exploration projects and its Horden Lake copper-nickel-PGM development project, including commencement of maiden drilling at Belleterre, new gold-copper targets identified via IP survey and fieldwork, encouraging ore sorting and flotation testwork at Horden Lake, and an in-progress resource update and scoping study. The Company held a cash balance of $4.44m at 31 March 2026.
Download PDFPivotal Metals has outlined its strategy for advancing the 100%-owned Horden Lake Cu-Ni-Au-PGM-Co Project in Québec, with a Mineral Resource update (Q2 2026), scoping study (Q3 2026) and further metallurgical testwork all in progress. The resource update will incorporate 2025 step-out drilling that extended sulphide mineralisation 600m along strike and is not included in the existing 37Mt @ 1.1% CuEq (407kt CuEq) 2025 MRE. Maiden drilling at the Belleterre projects has completed 906m, with first assays expected in May.
Download PDFPivotal Metals has commenced Phase 2 metallurgical testwork at its 100%-owned Horden Lake Cu-Ni-Au-PGM-Co project in Quebec, aimed at improving nickel and precious metal recoveries and de-risking the flotation flowsheet. The program is being run at Blue Coast Research, is scheduled for completion by end of Q2 2026, and is supported by up to 50% co-funding under a Québec critical minerals grant. Drilling is also underway at the Belleterre projects, with assays expected progressively during Q2.
Download PDFThis website has been prepared by Pivotal Metals Limited (ASX: PVT). It contains forward-looking statements that involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to differ materially from those expressed or implied. Mineral resource estimates are reported in accordance with the JORC Code 2012. Past performance is not indicative of future results. Investors should seek independent financial advice. Where this website reports Mineral Resource estimates previously announced to ASX, the Company confirms it is not aware of any new information or data that materially affects the information included in the original market announcements, and that all material assumptions and technical parameters underpinning the estimates continue to apply and have not materially changed.
