Hard not to like this statement.
A diamond drill rig has commenced the first of five planned holes. Diamond drilling will initially focus on completing existing holes that were abandoned along the larger 9km trend and then drill extensions of the main mineralised trend. An RC drill rig is expected back on site early next week and will operate until the Christmas break. Great Boulder Managing Director Stefan Murphy said the significant scale of Mt Venn is becoming clear. “The results received so far are outstanding, particularly given that this was a first-pass reconnaissance drilling program,” Mr Murphy said. “Despite the limited number of holes drilled to date, we have already outlined a substantial discovery of copper, cobalt and nickel over very wide intervals and extensive strike length. “Importantly, the mineralisation remains open in all directions and we have several highly promising targets yet to be drilled. “The initial down-hole EM results have provided us with valuable information and we look forward to receiving the final results from the remainder of the survey. This data will allow us to better target the next round of drilling and by Christmas we expect to have a far greater understanding of what is emerging as a large mineralised system.”
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