- Battery Minerals (BAT) has begun aircore drilling at its fully-owned Stavely-Stawell Project in Victoria
- The company will undertake up to 8000 metres of aircore drilling to test highly prospective targets identified via soil geochemistry and historical drill results
- The initial focus will be on a 10-kilometre length of the Moyston Fault where historical data has indicated orogenic gold and epithermal base metal mineralisation
- The company will aim to test the basement stratigraphy and secondary structures that may show potential splay mineralisation
- As Battery Minerals receives further land access agreements, it will extend the program to target copper prospects in the Stavely Volcanics
- Company shares are up a healthy 16.7 per cent and are trading at 2.1 cents
Battery Minerals (BAT) has begun aircore drilling at its fully-owned Stavely-Stawell Project in Victoria.
The 721-square kilometre Stavely-Stawell Project hosts the historical Moyston gold mine which produced around 75,000 ounces at 22g/t gold.
It is considered highly prospective for shear zone-hosted orogenic gold deposits and volcanic-hosted base metals mineralisation.
Battery Minerals will undertake up to 8000 metres of aircore drilling to test highly prospective targets identified via soil geochemistry, mapping and historical drill results.
The initial focus will be on a 10-kilometre length of the Moyston Fault where historical data has indicated orogenic gold and epithermal base metal mineralisation.
The company will aim to test the basement stratigraphy and secondary structures that may show potential splay mineralisation.
As Battery Minerals receives further land access agreements, it will extend the program to target copper prospects in the Stavely Volcanics.
Company shares are up a healthy 16.7 per cent and are trading at 2.1 cents at 12:20 pm AEST.