- Golden Mile Resources (G88) commences drilling at its Quicksilver project in Western Australia
- The drilling is designed to explore disseminated nickel sulphides beneath the nickel-cobalt oxide resource
- The program includes a planned nine RC holes for a total of 2350 metres
- In a recent update, metallurgical PQ diamond drilling revealed wide zones of high-grade nickel and cobalt
- Golden Mile is down 7.84 per cent, trading at 4.7 cents at 11:18 am AEST
Golden Mile Resources (G88) has geared up to start reverse circulation (RC) drilling at its Quicksilver project in Western Australia.
The company announced its field crew was ready to go, and the drill rig is set to arrive later this week, marking a crucial milestone for the company and its stakeholders.
The program includes a planned nine RC holes for a total of 2350 metres.
It’s designed to explore the potential of disseminated nickel sulphides hiding within the primary zone, situated beneath the existing nickel-cobalt oxide resource.
Golden Mile reported drilling could also provide valuable insights into another discovery – the source of rare earth element mineralisation found in the oxide, which currently remains unexplained.
In a recent update, metallurgical PQ diamond drilling revealed wide zones of high-grade nickel and cobalt.
In one hole, drilling intersected 49 meters with 1.74 per cent nickel and 0.071 per cent cobalt from 30 metres.
Golden Mile was down 7.84 per cent, trading at 4.7 cents at 11:18 am AEST.