Prodigy Gold NL (ASX: PRX) has commenced diamond drilling at the Tregony deposit. Drill hole TGRD2301 was granted co-funding by the Northern Territory (NT) government in May this year.
Prodigy Gold managing director, Mark Edwards, said, “We are pleased to announce the commencement of drilling of our co-funded diamond drill hole to target Tregony style mineralization both down dip and down plunge to the current mineral resource. This hole has been designed to test the potential of increasing the scale of the Tregony deposit as well as provide detailed structural information in close proximity to the current reported inferred mineral resource.”
“With this NT government backed co-funding programme we are able to drill test well outside the known deposit area to gather important data to assist with future exploration on the project.” Said Mr. Edwards.
The Tregony deposit is part of the company’s Tanami North Project in the Northern Territory, located south-west of the community of Lajamanu. This project area hosts several known mineralized deposits including Hyperion and Tregony.
The pre-collar for TGRD2301 was completed to a depth of 120m during the reverse circulation programme completed at Tregony in August 2023, the planned diamond tail will extend this hole to at least 350m. Results for the diamond drill campaign are expected at the end of November 2023.
To find out more, please visit www.prodigygold.com.au
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