Green Critical Minerals (ASX:GCM) is lining up drilling programs on shallow magnetic bodies during 2024 at its Boulia Project in Queensland, Australia.
The $9.09 million market capitalisation company says drilling is being planned to test the potential for intrusion related mineralisation that may be present in skarns, veins, or breccias.
Green Critical Minerals reports it will also look to sample peak molybdenum, uranium, and vanadium target areas uncovered from recently completed soil sampling activities.
Following the completion of recent exploration activities it has applied for an additional area where a correlation between radiometric and geochemical data exists and rare outcrops appear to be present.
Green Critical Minerals is an Australia-based mineral explorer and developer focused on building an Australian mine to market graphite business.
As of 30 September 2023, Green Critical Minerals had $1.507 million cash and cash equivalents at hand, according to its latest quarterly report.
Write to Adam Drought at Mining.com.au
Images: Green Critical Minerals
