Godolphin Resources Limited (ASX:GRL) has received approval for its proposed diamond drill programme at the Narraburra Rare Earth Project by the New South Wales Resources Regulator.
Key highlights:
- Four‐hole diamond drill programme approved by the NSW Resources Regulator
- Drilling expected to commence in three weeks’ time with pXRF assays to be reported shortly thereafter and full multi‐element assays in August 2022
- Drilling designed to test rare earth and rare metal mineralisation across high‐grade sections
- Core samples to be utilised for bulk density estimates, flow path testing, extraction and ongoing metallurgical work ahead of a planned scoping study
- Diamond drill program to be completed ahead of planned 4,000m air core drill program in the coming months which will support upgrading mineral resources estimate to JORC 2012 standard
“The planned four‐hole diamond cored drill programme at Narraburra will be an exciting milestone for Godolphin. It will mark the commencement of our exploration and feasibility activities at the project and will be the first drilling undertaken at the Narraburra rare earth and rare metal deposit in the last ten years,” Managing Director, Jeneta Owens, said.
“Commencement of the drilling campaign will follow an extensive review of the project’s existing mineral resource estimate and historical data, which has allowed strategic placement of the diamond drill holes, aimed at testing known mineralisation. We also anticipate that core samples from drilling will provide ample samples for planned metallurgical testing which will occur over the coming months.
“Godolphin is currently in the process of mobilising a rig to site and will provide additional updates as the drill programme progresses and assay results are received in the coming weeks.”
For further information please visit: https://godolphinresources.com.au/
