THE DRILL SERGEANT: Prodigy Gold (ASX: PRX) has just completed a drilling campaign on the company’s 100 per cent-owned gold portfolio in the North Arunta and Tanami regions of the Northern Territory.
Prodigy Gold drilled 195 aircore holes that were designed to test seven targets across three prospects – the Tulsa target in the North Arunta project, and the Bonanza West and Blue Hart prospects within the Tanami.
The company explained its drilling of these high priority targets forms part of a broader exploration strategy aimed at systematically exploring the company’s project portfolio to screen for new large-scale gold deposits in the Northern Territory.
“We are pleased to have completed this drilling program across several highly prospective targets within the North Arunta and Tanami regions and we look forward to reporting our findings from this program soon,” Prodigy Gold managing director Matt Briggs said in the company’s announcement to the Australian Securities Exchange.
“Data from this initial campaign will be used to define a series of targets for follow-up RC drilling later this year.
“We are drilling targets located in a highly prospective gold region which hosts several multi-kilometre structural targets, so the potential for discovery is very clear.”
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