THE DRILL SERGEANT: Xantippe Resources (ASX: XTC) has a maiden Reverse Circulation (RC) drilling program underway at the company’s recently acquired Southern Cross gold project near Southern Cross in Western Australia.
Xantippe Resources has completed the first four holes of the 2,500-metre drilling program that were drilled at the Glendower prospect, the first of the priority targets the company has designated to be initially tested.
It is anticipated that this initial RC drilling campaign will be completed during March with drill assays to be processed once drilling is complete.
“This is an exciting time for Xantippe with testing of priority targets now underway,” Xantippe Resources managing director Richard Henning said in the company’s announcement to the Australian Securities Exchange.
“While there has been historical drilling across the project area of 76 square kilometres there are a handful of shallow targets to test, as well as some deeper areas with historic exploration not inspecting below 100 metres.
“With this RC drilling campaign, we will be testing beyond this depth using modern and systematic methods to test between 100 to 150 metre levels.
“I had the opportunity to visit the site yesterday and I am pleased with the speed at which we have managed to get approval of our Program of Works, site clearance, and a rig on site drilling productively.”
Xantippe’s exploration plan at Southern Cross has thrown up a number of key sites for inspection, with drilling to occur at major prospects, including: Glendower, Xantippe and Treasury South.