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- Cavalier Resources (CVR) wraps up its drilling program on time and within budget at its Crawford gold project in WA
- The company completed 70 holes of infill and extensional drilling for a total of 5640 metres
- This drilling aimed to provide further confidence in the current mineral resource estimate and historical results, as well as, explore the potential to increase the size of the resource
- In addition, it completed its northern exploration program, drilling a total of 21 holes to uncover potential new targets
- Shares in CVR were trading flat today at 18 cents each at 12:35 pm AEST
Cavalier Resources (CVR) has wrapped up its drilling program on time and within budget at its Crawford gold project in Western Australia.
The company completed 70 holes of infill and extensional drilling for a total of 5640 metres.
This drilling aimed to provide further confidence in the current 101,000-ounce mineral resource estimate and historical results, as well as explore the potential to increase the size of the resource.
In addition, Cavalier completed its northern exploration program which included a total of 21 holes for 1640 metres.
The program aimed to investigate new potential targets at the northern end of the lease.
The company is in the process of delivering all assays to a laboratory in Kalgoorlie.
“Cavalier has made great inroads to achieve positive outcomes from its maiden drilling campaign at the Crawford gold project, with the project tracking as planned,” Executive Director Daniel Tuffin said.
Shares in CVR were trading flat today at 18 cents each at 12:35 pm AEST.
