Mt Monger Resources Commences Drilling at East Laverton

THE DRILL SERGEANT: Mt Monger Resources (ASX: MTM) has commenced aircore (AC) and reverse circulation (RC) percussion drilling at the company’s Pt Kidman and Seahorse prospects located near Laverton in Western Australia.

Mt Monger Resources is planning to drill across the Pt Kidman prospect to evaluate rare earth element (REE) geochemical anomalies and an interpreted nickel-cobalt gossan.

The drilling will test both newly defined REE geochemical soil anomalies in the north and east of the prospect area and extend the mineralised zones intersected by previous drilling.

A small program of RC percussion drilling is also proposed at Pt Kidman to test a possible nickel-cobalt gossan exposure that was identified by recent rock chip sampling in the area.

AC and RC percussion drilling has been scheduled at the Seahorse prospect to test multi-element surface geochemistry results from surveys that demonstrated gold, nickel, copper, cobalt, lead, zinc geochemical anomalies while providing further confirmation the East Laverton area contains inliers of deformed greenstone rocks interpreted from regional aeromagnetic images.

“A new phase of AC drilling targeting extensions of known rare earth element mineralisation at the Point Kidman prospect is underway,” Mt Monger Resources exploration manager Antony Zebisch said in the company’s ASX announcement.

“This program follows up on our previous drilling campaign and recent soil sampling results.

“Furthermore, RC drilling is being used to target an anomalous nickel-cobalt gossan in the Pt Kidman prospect.

“We also have exciting geochemical anomalies at the Seahorse prospect that we are targeting with both RC and AC drilling, including gold targets and an area where a 1.1 per cent nickel and 1.57 per cent cobalt rock chip sample was taken.

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE