Hi Ho, Hi Ho, it’s off to work we go
THE DRILL SERGEANT: Each week any number of junior exploration plays set out to drill their ground. Here’s a small selection of what’s been happening this week.
Drilling to recommence at 1050 East
Renascor Resources (ASX: RNU) has announced the recommencement of drilling at the 1050 East prospect.
The 1050 East prospect is part of the company’s 100 per cent-owned Eastern Eyre project, located in the Olympic Dam copper belt of South Australia.
The planned program of up to 1,000 metres of diamond drilling will target extensions to massive sulphide zones intersected by earlier drilling.
A drill rig has been mobilised to site, with drilling expected to commence early next week.
“The initial drilling at 1050 East returned a number of exciting high-grade, massive sulphide intersections at relatively shallow depths,” Renascor Resources managing director David Christensen said.
“The upcoming diamond drill program will test for continuity of mineralisation from approximately 200 metres, where we believe the prospects are excellent for locating more high-grade copper.
New diamond drilling program
TNG Limited (ASX: TNG) has commenced a new diamond drilling program at the company’s Mount Peake vanadium-titanium-iron project in the Northern Territory.
The drilling is set to continue on to the company’s McArthur River base metals project.
Drilling is expected to continue through September and updates on progress and subsequent analytical results will be reported in due course.
Diamond drilling commenced
Kula Gold (ASX: KGD) has commenced diamond drilling at the company’s Woodlark Island gold project, east of Port Moresby in Papua New Guinea, following the processing of recently-acquired helimag data and the identification of additional large scale hydrothermal systems.
The helimag data covering the central and most prospective part of Woodlark Island, has been integrated with previous structural and geological interpretations resulting in an improved understanding of gold mineralising controls within the current Mineral Resources.
A low cost drilling program has commenced to demonstrate the improved targeting process and to discover additional gold resources.
Exploration Drilling of Mount Isa copper gold targets
Hammer Metals (ASX: HMX) has commenced a new RC drilling program of approximately 2000 metres.
The drilling will test several of the company’s copper and gold targets within the Mt Isa project hub.
Some of the targeted areas include: Dronfield; Overlander Central; Even Stephen; Kalman extensions; Trafalgar North; Pindora South; and Hammer Time.
The company explained all targets listed may not be tested in this program, depending on but not limited to weather and access conditions.
It is expected drilling will continue for approximately one month.
The program is to explore for further high-grade copper and gold targets within close trucking proximity of Hammer’s Kalman deposit.