Pinnacle Minerals Ltd (ASX: PIM) has commenced drilling at its Bobalong Kaolin Project (E70/5347 and E70/5348) in the Great Southern region of Western Australia.
The programme is focused on resource definition at the Bill’s Middle target at the Bobalong Project where previous drilling by Pinnacle, prior to its ASX listing, delivered excellent results which indicated the potential for a high value direct shipping ore (DSO) product.
Drilling will comprise 37 auger drill holes for a total of approximately 740 m, with drilling to a target depth of 20 m and drilling spacing of 100 m and 200 m.
In addition to the resource definition focus, the program will also consist of targeted infill drilling around areas subject to previous drilling. Drilling will seek to identify the dolerite dike intrusive structures, that are interpreted to constrain the areas of high-quality kaolin.
Drilling is expected to be complete in early April, and results will be released when they become available.
“We are committed to the rapid development of our project portfolio, and are delighted to have commenced drilling at the Bobalong Kaolin Project just days after our ASX listing,” Executive Director Robert Hodby said.
“The Bobalong Project is our most advanced asset, and the current phase of drilling is designed to follow-up on a successful maiden drilling program, the results of which have indicated the Project’s potential to deliver a high value direct shipping ore (DSO) product.
“The current drilling is focused on delivering sufficient results to confirm a maiden kaolin JORC Mineral Resource estimate at Bobalong, with the results to be used to help advance discussions with potential offtake partners.
“Assay results and resource estimates from the Bobalong Project will then be provided to potential customers as part of discussions on offtake agreements.
“Results from the current phase of drilling will also be overlayed with results from a planned airborne magnetic survey, scheduled to be flown in June, to help Pinnacle develop a fuller exploration model of the Bobalong Project.
“Importantly, this work will also assist in identifying targets for a maiden drill program at the neighbouring Holly Kaolin Project. The Holly Kaolin Project represents an exciting kaolin-prospective exploration asset for Pinnacle, which remains unexplored since historic drilling by CRA in 1995 identified kaolin over an area of 10km x 4km with depths up to 35m, that has never been followed up.”
For further information please visit: https://pinnacleminerals.com.au/
