Comet Resources Issued Drilling Permit for Santa Teresa Gold Project

THE DRILL SERGEANT: Comet Resources (ASX: CRL) has been permitted for drilling at the company’s Santa Teresa gold project, located near Baja California, Mexico.

Comet Resources received the nod to drill at the Santa Teresa project from the Environmental Impact and Risk department of the Baja California Sub-Delegation for Environmental Protection and Natural Resources.

The company explained the decision allows for commencement of diamond drilling at the project.

Comet is now finalising the details of its proposed Santa Teresa drilling program and engaging a drilling contractor to perform the works, with the aim that the program commences as soon as possible.

The proposed program consists of 2,000m of diamond drilling using experienced contractors from the neighbouring state of Sonora.

Drilling will aim to test extensions of known gold mineralisation zones along strike and at depth, as well as target areas of interest identified by review of prior drilling results, combined with information gained from a detailed structural mapping completed by consultant geologists Minera Cascabel.

This will be followed by assaying and geological interpretation of the results.

“We are very pleased to have received the permit to allow the commencement of drilling at the Santa Teresa gold project in Baja California, Mexico,” Comet Resources managing director Matthew O’Kane said in the company’s ASX announcement.

“We have been preparing for the receipt of this permit, having plans for the drill program near ready, and also having conducted the process of selecting the drilling contractor.

“This should allow us to move ahead quickly now to engage the contractors and commence the drilling program.

“We look forward to providing periodic updates from the commencement of the program to the results once they become available.”