MetalsGrove Mining (ASX:MGA) has begun its maiden drilling program at the Box Hole Zinc-Lead and Edwards Creek Copper-Gold prospects in the Northern Territory.
The 2,400m reverse circulation (RC) drilling program will test several ‘high-priority’ targets, including stratabound mineralisation, and is expected to take 3 weeks to complete, with the first assays to be reported within 4 to 6 weeks.
MetalsGrove notes that drilling will focus on refined targets generated by Intrepid Geophysics.
Commenting on this next phase of drilling, MetalsGrove Mining Managing Director Sean Sivasamy says: “Given the recent completion of RC drilling at our highly prospective Bruce REE prospect, we have utilised the availability of the drill rig to carry out this next phase of work at Edwards Creek and Box Hole.
“Our Arunta Project is a highly prospective asset located in a prime exploration jurisdiction”
Our Arunta Project is a highly prospective asset located in a prime exploration jurisdiction, and we are committed to unlocking its value through continued systematic exploration over the coming months.
Box Hole and Edwards Creek are excellent prospects with significant discovery potential, as demonstrated by historical exploration data and recent reconnaissance work completed by MGA.”
The Box Hole prospect comprises a single granted mineral exploration licence that lies 340km northeast of Alice Springs, covering an area of about 12,765 hectares.
The Edwards Creek Project is located 75km north-northeast of Alice Springs and covers an area of 380km-square in the ‘highly prospective’ Arunta region in the Northern Territory.
MetalsGrove Mining is an Australia-based exploration and development company focused on the exploration and development of its portfolio of ‘high-quality’ lithium, rare earth, copper-gold, manganese, and base metal projects in Western Australia and the Northern Territory.
Write to Aaliyah Rogan at Mining.com.au
Images: MetalsGrove Mining