Source: Adobe Stock
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

After delays borne from tenement disputes with rail operators, Mantle Minerals (ASX:MTL) has kicked off drilling at its Mt. Berghaus tenements in WA.

The company is searching for gold in relative proximity to De Grey’s (ASX:DEG) Hemi deposit, according to Mantle; the tenements cover some 140sq.km.

This maiden drill run will be conducted with an aircore rig in the early stages of exploratory fieldwork on-site the project. A total of 122 drillholes are planned.

Following an assessment of aircore drilling samples, the company will chase after the foremost targets of interest with an RC rig, able to go deeper in most cases than aircore.

In the meantime, geotechs will be keeping an eye out for future drilling targets, both generated by the RC results and by other means. The company noted on Thursday it’s got arsenic anomalies on its radar.

The company also remains active on-site Roberts Hill, another target within the same project boundary envelope.

MTL last traded at 0.3cps.

MTL by the numbers
More From The Market Online
The Market Online Video

ASX Market Close: Bourse finishes week on a high as Wisetech pummeled | November 22, 2024

The ASX200 closed up 0.85% at 8,393 points. Economists increasingly expect interest rates in Australia won’t…
The Market Online Video

HotCopper Highlights: Your most watched stocks for Week 47, 2024

In this segment we’ll look at the top stocks HotCopper users have been watching, and discussing,…
Nuclear explosion mushroom cloud concept

Week 47 Wrap: HotCopper users’ most watched; Brent lifts on Putin’s scary letter; RFK dents CSL

Welcome to the end of another week. Let's start with what HotCopper users have been watching…
Dale Gillham's photo, and wording 'Words from Wealth Within's Chief Analyst Dale Gillham.

Dale Gillham’s weekly wrap: Sigma-Chemist Warehouse merger creates pharma powerhouse

The $8.8 billion dollar merger between Sigma Healthcare and Chemist Warehouse is poised to reshape the Australian pharmacy landscape, consolidating power in th…