I have not seen any comment about our neighbour's (GSM) anouncement today regarding their problems in starting to drill their target 2 in the Yule South (joining the East of Brahman)
Target 2 Li-Au RC drilling program
GSM is continuing its pursuit of a drill contractor for a focussed lithium and gold reverse circulation
(“RC”) program at Target 2 on its Yule South project (refer to ASX announcement dated 15 March
2022). All statutory approvals are in place which will ensure a rapid deployment when a suitable rig
becomes available. Recent unseasonal rains have delayed regional programs in the area, thus
limiting the availability of drill contractors working locally in an already competitive market.
2022 Air-core program
A program of work application (“PoW-E”) for the next phase of AC drilling (refer to ASX
announcement dated 15 March 2022) has been submitted to the WA Department of Mines, Industry
Regulation and Safety and is currently being processed. Due to an unprecedented number of
submitted PoW-E applications, a significant delay may occur in the assessment process. An
associated heritage survey is scheduled to commence in July pending participant availability
May be management should grab the drillers while they are in the locality!
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Ann: Pilbara Projects Drilling Confirms Gold & Lithium Potential, page-78
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