Azimut and KGHM launch a 5,000‑metre drilling program to expand the high‑grade Nickel‑PGE Perseus Zone at the Kukamas property
Executive summary: Azimut and KGHM commenced a 5,000‑metre drilling program at the Kukamas property to expand the high‑grade Nickel‑PGE Perseus Zone. The drilling aims to increase nickel and PGE resources, which are critical for electric‑vehicle batteries and green‑technology supply chains.
Who is involved: Azimut (Canadian exploration company), KGHM (Polish multinational mining firm), and the Kukamas property (location of the Perseus Zone).
Likely next: Assay samples will be analysed, with a resource update expected in the first half of 2027 if results support expansion.
The companies announced the start of the 2026 drill campaign on July 16, 2026, targeting the Perseus Zone to increase known nickel‑platinum group element resources. The program consists of 5,000 metres of drilling, building on previous work at the site. No operational or financial details beyond the drilling length were disclosed.
Timeline
- — Azimut et KGHM débutent la campagne 2026 sur Kukamas (GlobeNewswire)
Analysis — what this means
Likely next events
- Assay results anticipated Q4 2026
- Resource update expected H1 2027
Sectors affected
- Nickel mining
- Platinum group elements (PGE) exploration
- Electric vehicle battery supply chain
Regulatory implications
- Drilling falls within existing claims; no new permits required under Canadian federal mining regulations
Key entities
Sources
- Azimut et KGHM débutent la campagne 2026 sur Kukamas — GlobeNewswire