Neometals Resumes Barrambie Drilling to Advance Copper and Gold Growth
Neometals Ltd (ASX: NMT) has resumed exploration drilling at its wholly owned Barrambie Project in Western Australia, targeting both the Rinaldi copper prospect and the Ironclad gold deposit as part of its strategy to expand mineral resources and support near-term development. The July drilling campaign comprises eight reverse circulation holes totalling 1,150 metres, including three holes at the Rinaldi copper target and five holes at Ironclad. At Rinaldi, drilling will test a strong geophysical anomaly located near the historic copper workings and follow up previously reported high-grade intersections, while leveraging the project's favourable geological setting adjacent to Solstice Minerals’ Nanadie Copper Project. At Ironclad, the programme will evaluate down-plunge extensions beneath the current 15,000-ounce Indicated and Inferred Mineral Resource Estimate, supporting planned open-pit development and future resource growth. The company also continues progressing permitting, native title agreements and mining approvals ahead of a Final Investment Decision, while additional exploration is planned to upgrade resource confidence and expand mineralisation across the Barrambie Project.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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Neometals Resumes Barrambie Drilling to Advance Copper and Gold Growth
Neometals Ltd (ASX: NMT) has resumed exploration drilling at its wholly owned Barrambie Project in Western Australia, targeting both the Rinaldi copper prospect and the Ironclad gold deposit as part of its strategy to expand mineral resources and support near-term development. The July drilling campaign comprises eight reverse circulation holes totalling 1,150 metres, including three holes at the Rinaldi copper target and five holes at Ironclad. At Rinaldi, drilling will test a strong geophysical anomaly located near the historic copper workings and follow up previously reported high-grade intersections, while leveraging the project's favourable geological setting adjacent to Solstice Minerals’ Nanadie Copper Project. At Ironclad, the programme will evaluate down-plunge extensions beneath the current 15,000-ounce Indicated and Inferred Mineral Resource Estimate, supporting planned open-pit development and future resource growth. The company also continues progressing permitting, native title agreements and mining approvals ahead of a Final Investment Decision, while additional exploration is planned to upgrade resource confidence and expand mineralisation across the Barrambie Project.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au