- Greenstone Resources (GSR) is set to commence drilling next month at the Mt Thirsty joint venture in Norseman, WA
- The company has received all approvals to commence exploration and Greenstone and its joint venture partner, Conico (CNJ), have secured a drill rig for a 5000-metre program
- Further details on the upcoming drilling program will be released next week
- GSR shares end the day 2.13 per cent in the green to close at 4.8 cents
Greenstone Resources (GSR) is expecting to commence drilling next month at the Mt Thirsty joint venture in Norseman, WA.
The company has received all approvals to commence exploration and Greenstone and its joint venture partner, Conico (CNJ), have secured a drill rig for an initial 5000-metre program.
The company said all program of work applications covering both platinum group elements (PGE) and lithium-cesium-tantalum (LCT) targets have been approved by the Department of Mines, Industry Regulation and Safety.
Mt Thirsty is only 200 metres from Galileo Mining’s (GAL) Callisto discovery, where Galileo found a “major palladium-platinum” discovery.
Further details on the upcoming drilling program will be released next week.
“The team has worked tirelessly over the past weeks to expedite the initial PGE and LCT exploration programs at Mt Thirsty, having now secured all permits, agreements and
service providers required for drilling to start in early-August,” GSR Managing Director and CEO Chris Hansen said.
“Instrumental to this was the support of the Ngadju who have continued to be a supportive partner, proactively working with the joint-venture to execute an updated heritage agreement and undertake a heritage survey with limited notice.”
GSR shares have ended the day 2.13 per cent in the green to close at 4.8 cents.