- Shree Minerals (SHH) receives approval for its program of works to begin drilling at its Dundas project in Western Australia
- Rotary air blast (RAB) drilling has been greenlit to test lithium pegmatites and gold anomalies in the southern portion of SHH’s tenement
- Approval was also given for the in-filling of historical soil samples, with a powered auger to define and prioritise targets for RAB and reverse circulation drilling
- Discussions are underway for a second conservation management plan covering the next stages of exploration, including reverse circulation and diamond drilling
- Shree shares are up 6.67 per cent to 0.8 cents at 10:52 am AEDT
Shree Minerals (SHH) has received approval to begin drilling at its Dundas project in Western Australia.
The company said its program of works had been approved, giving it the green light to begin rotary air blast (RAB) drilling to test lithium pegmatites and gold anomalies in the southern portion of the tenement.
Approval was also given for the in-filling of historical soil samples with a powered auger to define and prioritise targets for RAB and reverse circulation drilling.
It follows the company’s announcement on Friday that it had found pegmatite drill chips at historical work sites.
According to Shree, historical drilling returned intersections up to three grams of gold per tonne, which remain open.
The company also said the associated soil geochemistry suggested the mineralisation was more extensive than indicated by drilling.
Moving forward, Shree has planned to start discussions with the WA Department of Biodiversity, Conservation and Attractions for a second conservation management plan.
The second plan will detail the next stages of exploration including reverse circulation and diamond drilling, as well as fieldwork over areas where pegmatites have been identified.
Shree shares were up 6.67 per cent to 0.8 cents at 10:52 am AEDT.