Goldphyre to commence drilling at Lake Wells project

THE BOURSE WHISPERER: Goldphyre Resources has advised the Australian Securities Commission that RC and AC drilling is to commence next week on the Axford prospect at the Lake Wells project, 160 kilometres north-north east of Laverton, Western Australia. 

The combined drilling program proposed is 76 holes for 3,200 metres.


 

 Lake Wells-Yamarna Region showing Goldphyre project areas and targets. Source: Company announcement

A track-mounted drill rig has been secured to test shallow, historic drill-hole gold anomalies at the Axford prospect.

Historic gold anomalism has never been followed up adequately at depth or along strike and no Reverse Circulation (RC) drilling has been completed on the project area. 


Recent gold-in-hole anomalies generated by Goldphyre will also be tested in the drilling campaign.