Core Energy Minerals (ASX:CR3) has begun a drilling program at the Cummins Uranium Project in South Australia, which is expected to provide valuable data to assess its potential to host uranium mineralisation.
The program, comprising 50 aircore holes for 3,000m, is aimed at confirming historical intercepts, as well as identifying and understanding the mineralised system.
Bostech Drilling has been awarded the drilling contract for the program, which is expected to take two to three weeks to complete. The first batch of assays are expected within eight weeks from the first submission.
Executive director Tony Greenaway says the work completed to date has reinforced the company’s exploration model and has provided confidence to initiate the first drill testing of geophysical uranium anomalies.
“Our Exploration Manager Charles Nesbitt is on the ground for the startup of drilling with a highly experienced drill team, and we will continue mapping and sampling areas to build our pipeline of targets ahead of future drilling programs at Cummins,” Greenaway says.
The Cummins Project lies on the Eyre Peninsula, which is one of the “highest radiometric regions of South Australia” and is host to numerous known uranium occurrences and deposits.
Core Energy Minerals is a critical mineral explorer focused on uranium projects in tier one mining jurisdictions. The company has assets in Brazil and Australia.
Write to Aaliyah Rogan at Mining.com.au
Images: Core Energy Minerals
