- Boab Metals (BML) completes phase six drilling at its 75-per-cent-owned Sorby Hills lead-silver-zinc project in Western Australia
- The company drilled 28 reverse circulation holes to support the future conversion of mineral resources to ore reserves at the Beta and Norton deposits and to extend the mineralisation at Beta
- Boab also completed maiden drilling at the Eight Mile Creek tenement to determine the prospectivity for structurally-controlled mineralisation and ore brines
- Around 1700 samples have now been sent to Intertek Laboratories in Darwin for a “broad spectrum” of element analysis including lead, silver and zinc
- Boab shares last traded at 18 cents at 1:36 pm AEDT
Boab Metals (BML) has completed phase six drilling at its 75-per-cent-owned Sorby Hills lead-silver-zinc project in Western Australia.
The company drilled 28 reverse circulation holes for 3020 metres to support the conversion of mineral resources to ore reserves at the Beta and Norton deposits and to extend the mineralisation at Beta.
At Norton, Boab drilled six RC holes, with all holes intersecting mineralisation, while 18 holes were drilled at Beta, with geological logging confirming the interception of mineralisation.
Maiden drilling was also completed at the Eight Mile Creek tenement, with four RC holes drilled to determine the prospectivity for structurally controlled mineralisation and ore brines.
Around 1700 samples have now been sent to Intertek Laboratories in Darwin for a “broad spectrum” of element analysis including lead, silver and zinc.
Boab CEO and Managing Director Simon Noon said this phase six program was designed to enhance value within the later stages of the current mine plan at Sorby Hills.
“The program has been completed and the results to date are very encouraging,” Mr Noon said.
“We look forward to providing updates and delivering the assay results from this exciting program in the next four to six weeks.”
Due to initial drilling difficulties and the available drilling equipment, planned drilling of the Keep seismic target was postponed to 2023 after it was determined the rig had a high chance of not meeting its target depth.
Boab said it was “highly likely” to return to the site at the beginning of the 2023 dry season with a diamond rig to undertake work.
Boab shares last traded at 18 cents at 1:36 pm AEDT.