Ann: Drilling Underway at 100% owned North Arunta Project, page-36

Just a recap (for any newcomer's to this stock) as to what's happening:

Prodigy Gold has a healthy cash balance of A$10.7M as at 30/06/2020.

Drilling is underway (as of last week) at the Tulsa Prospect within its North Arunta Project.

The North Arunta Project is situated within the Northern Territory and it covers an area of 3190 square kilometres.

The region is known to host several mineral occurrences such as gold, nickel, copper, tin, tantalum and zinc.

The Tulsa Prospect is the first of five targets in this drilling program which is aiming to screen for new large-scale gold deposits Northern Territory.

It is associated with a gold-in-soil anomaly and lies along strike from the Kroda Gold Prospect which has returned results of five metres at 15g/t gold and nine metres at 11.5g/t gold.

A 50-hole aircore program has begun and results will be used to outline follow-up reverse circulation (RC) drilling for later in the year.

Once drilling has wrapped up at the Tulsa Prospect, work will begin at the West Bonanza Prospect.

"We are very pleased to be back on the ground at our projects with drilling now underway at the highly prospective Tulsa Gold Prospect," Managing Director Matt Briggs commented.

"With a very robust exploration program mapped out for the remainder of this calendar year, I look forward to updating shareholders on exploration progress at regular intervals," he added.

Prodigy has outlined 19 high priority gold targets for exploration during the FY21 field season. Other targets include the Bluebush, Tregony, West Bonanza, and the Hyperion prospects.

Following the results of aircore drilling of these prospects, RC drilling will begin.

https://www.prodigygold.com.au/projects/

https://www.**promotion blocked**.com.au/prodigy-gold-release-august

Cheers tela