Join our daily newsletter At The Bell to receive exclusive market insights
- Now that COVID-19 restrictions have relaxed in WA, Kaili Resources (KLR) will recommence field exploration activities at the Gindalbie Gold Project next week
- The company deferred its program due to travel restrictions surrounding the virus
- On Monday, the crew will travel to the drill areas within Canegrass and Holy Dam to mark out the drill collars
- This will be followed by approvals and applications, with an aim to commence drilling August
- On market close, Kaili remains steady and is selling shares for 3.6 cents each
Now that COVID-19 restrictions have relaxed in WA, Kaili Resources (KLR) will recommence field exploration activities at the Gindalbie Gold Project next week.
The border is still closed for interstate travel, with no indication on when this will reopen. So because of this and to stop further delays, the company has spoken to a Kalgoorlie based contractor geologist to help the local crew.
This will be monitored by the Chief Technical Officer and other officers based in Sydney.
In March, a 2000 metre aircore drilling program at Canegrass and Holy Dam was planned but had to be deferred due to travel restrictions.
On Monday, the crew will travel to the drill areas within Canegrass and Holy Dam to mark out the drill collars. This will be followed by a Heritage Survey of the drill areas between June 22 and 24 by a team of Kalgoorlie based Traditional Owners.
A Program of Works will then be submitted to the WA Department of Mine Industry Regulation and Safety. Once approved, the site will be prepared by the Gindalbie Station Owner.
Drilling is planned to start in early August 2020.
On market close, Kaili remains steady and is selling shares for 3.6 cents each.
