Canning Basin, Western Australia
Iluka commenced negotiations with pastoral lease holders to secure access for greenfield exploration drilling in the Canning Basin which is scheduled for the second quarter. Meetings were held with the Karajarri Traditional Lands Association Aboriginal Corporation and Nyamba Buru Yawuru Ltd to commence heritage surveys where drilling is planned. The heritage surveys are required under the Native Title, Heritage Protection and Minerals Exploration Agreements.
Interesting Iluka are drilling in the Canning Basin where Sheffield's Thunderbird Mineral Sands project is located
SFX Price at posting:
50.0¢ Sentiment: Buy Disclosure: Held
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