A drill rig at the Enmore gold project, New South Wales. Source: Okapi Resources
The Market Online - At The Bell

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

  • Okapi Resources (OKR) completes the first two diamond drill holes at its Enmore gold project in New South Wales
  • The drilling aims to follow up on previous drilling, which intersected some of the highest grades seen at the project to date
  • Both holes were drilled at the Sunnyside prospect and have intersected quartz-carbonate veining and multiple zones of elevated sulphide mineralisation
  • Drilling is continuing at the prospect, before it moves to test the Sherwood prospect
  • Shares are trading 5.71 per cent higher today at 18.5 cents each at 1:58 pm AEST

Okapi Resources (OKR) has completed the first two diamond drill holes at its Enmore gold project in New South Wales.

The drilling aims to follow up on previous drilling, which intersected some of the highest grades seen at the project to date.

Both holes were drilled at the Sunnyside prospect and have intersected quartz-carbonate veining and multiple zones of elevated sulphide mineralisation.

The company said the “encouraging” geology prompted it to drill deeper in the holes than originally planned to 260 metres and 208 metres respectively.

Drilling is continuing at the prospect, before it moves to test the Sherwood prospect.

OKR expects to receive its first round of assay results at the end of September.

Shares were trading 5.71 per cent higher today at 18.5 cents each at 1:58 pm AEST.

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

Market Close: ASX200 takes a slide into the weekend

The ASX200 shed 0.85% today – with every sector – except materials, losing ground. IT stocks…

Week 20 Wrap: EU-to-China cargoes up 12% YTD; US CPI tame

US inflation was the biggest data drop of the week; Anglo American is restructuring to fend…
The Market Online Video

Market Update: ASX dips with only materials afloat

The ASX is down nearly half a per cent - on par with future's predictions -…

Patagonia grows portfolio of REE and lithium-focused territory with exploration grants

Patagonia Lithium Ltd has been granted an additional 15 exploration licences in Argentina where it is…