Spartan Resources Kicks Off NY with Major Dalgaranga Drilling Program
THE DRILL SERGEANT: Spartan Resources (ASX: SPR) has kicked off 2025 in style with a raft of activity at the company’s 100 per cent-owned Dalgaranga gold project (DGP), located in the Murchison region of Western Australia.
Spartan Resources informed the market this week it has exploration and drilling operations, underground development and other activities underway at Dalgaranga.
The company has recommenced surface drilling utilising two diamond drilling rigs operating initially at the recently discovered Freak prospect and the Sly Fox gold deposit, with the aim of delivering further resource growth and converting Inferred Resources to Indicated.
Other near-mine targets to have been prioritised include immediately north of Never Never and south of Freak as part of a 20,000m surface drilling campaign scheduled for the first half of CY2025.
“After wrapping up 2024 with a landmark resource upgrade and $220 million capital raising, Spartan enters the New Year with significant momentum and activity levels quickly moving up a gear,” Spartan Resources executive chair Simon Lawson said in the company’s ASX announcement.
“After a well-deserved break, the exploration team has hit the ground running with surface drilling already underway and our recently appointed underground drilling contractor, AUD, on track to start underground drilling operations next month.
“With at least 85,000m of drilling budgeted – 65,000m of underground drilling and 20,000m of surface drilling through to mid-year – we expect to continue our exceptional track record of delivering further growth in our high-grade resource inventory.
“Our next project-wide MRE update is scheduled for mid-year, with the delivery of the Feasibility Study on the restart of the Dalgaranga Operation expected to follow shortly afterwards.”
TO READ THE FULL ANNOUNCEMENT: CLICK HERE