A maiden discovery, shallow mineralisation, and three more drill programs planned.
Basin Energy (ASX:BSN) is building momentum at its Sybella-Barkly Rare Earth Project in North Queensland after its first drilling campaign intersected shallow mineralisation in four of eight holes.
Managing Director Pete Moorhouse explains why the focus has now shifted from discovery to demonstrating the project’s scale.
🔑 Key topics discussed:
- Rare earth discovery: Mineralisation intersected in four of eight drill holes
- Shallow targets: Mineralisation identified from surface in a well-connected location
- Next phase: Three more drill programs planned before the end of 2026
- Growth potential: The next campaign will test the size and continuity of the discovery
- News flow: Drilling expected to resume within weeks
🎥 Watch the full interview for the latest update from Basin Energy.
