Conico (ASX:CNJ) prepares to ramp up drilling in Greenland

• Conico (CNJ) prepares to ramp up drilling activities in Greenland, with drilling to commence at two projects this month
• The company has readied itself to start drilling at its Ryberg project, following the arrival of its field team on site
• In addition, a second team will be mobilised this month for its Mestersvig zinc-lead-copper-silver project, with drilling to commence shortly after
• To accelerate activities, Conico has acquired two diamond drill rigs and relevant equipment in near-new condition
• Shares are trading 6.90 per cent lower today at 2.7 cents each at 1:25 pm AEST

Conico (CNJ) has prepared to ramp up drilling activities in Greenland, with drilling to commence at two projects this month.

The company have readied itself to start drilling at its Ryberg project, following the arrival of its field team on site.

In addition, a second team will be mobilised this month for its Mestersvig zinc-lead-copper-silver project, with drilling to commence shortly after.

To accelerate activities, Conico has acquired two diamond drill rigs and relevant equipment in near-new condition.

The new rigs will be mobilised to Mestersvig, with Ryberg to use the three drill rig already located on site.

Shares were trading 6.90 per cent lower today at 2.7 cents each at 1:25 pm AEST.