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Si6 Metals (ASX:SI6) confirms drill rig at Monument

Materials
ASX:SI6      MCAP $5.922M
08 September 2021 12:30 (AEST)
SI6 Metals (ASX:SI6) - Joshua Alan Letcher

Source: SI6 Metals

Si6 Metals (Si6) has confirmed an aircore drilling rig has been secured for its upcoming drilling program at the Monument Gold Project in WA.        

The rig is already being used for a drilling project north of Kalgoorlie, but once completed it will be mobilised to Si6’s Monument Gold Project, scheduled to arrive later this month.

Si6’s regional drilling program is targeting bulk-tonnage, syenite-hosted gold mineralisation within the Laverton Tectonic Zone.

Kalgoorlie based company Prospect Drilling has been contracted to undertake th- 125 hole aircore drilling program for around 5,000 metres.

Meanwhile, Si6 Metals will soon take on a Native Title Heritage Clearance survey across the drill target areas and along the proposed drill lines.

Earlier this year the company was granted its application for co-funded exploration drilling. The grant allows the company to receive 50 per cent off direct drilling costs for its innovative drilling programs through the Department of Mines, Industry, Regulation and Safety (DMIRS) Exploration Incentive Scheme.

Si6 Metals was trading in the grey at 1.3 cents at 1:16 pm AEST.

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