Si6 Metals embarks on Airstrip drilling

Si6 Metals (ASX:SI6) has launched a combination of reverse circulation (RC) and diamond drilling at its Airstrip Copper-Gold Project in Botswana. 

Through this drilling work, the company aims to extend the known ‘high-grade’ copper-gold (Cu-Au) supergene discovery zone and primary copper sulphides in the area intersected in previous drilling. These are associated with numerous conductors mapped in audio-frequency magnetotellurics (AMT) and induced polarisation (IP) surveys with coincident soil geochemical anomalies over a 2.5km-long and 1km-wide area. 

Si6, which has a $15.95 million market capitalisation, plans to test additional conductive geophysical anomalies at Airstrip as it advances its pipeline of prospects. 

This exploration program is part of a 10,000m drilling program being undertaken by the company, which includes the Dibete Copper-Silver and Maibele North Nickel-Copper-Platinum Group Elements projects. 

Si6 says that drilling and sampling is ongoing at Dibete, with initial results anticipated later this month. 

Si6 Metals is a diversified critical metals and minerals explorer with a portfolio of projects in Botswana, Brazil, and Western Australia. 

As of 30 June 2023, the company had $604,000 cash and cash equivalents at hand, according to its latest quarterly report. Subsequent to the end of the quarter, Si6 Metals completed a non-renounceable pro-rata entitlement offer and shortfall offer to raise $3 million.

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Images: Si6 Metals
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Written By Aaliyah Rogan
Relocated from the East Coast in New Zealand to Queensland Australia, Aaliyah is a fervent journalist who has a passion for storytelling. When Aaliyah isn’t writing stories, she is either spending time with friends and family or down at the beach.