Strata Minerals to Launch Phase 2 Drilling at Zelica Gold Project
Strata Minerals Limited (ASX: SMX) has secured a drill rig for a Phase 2 drilling campaign at its fully owned Zelica Gold Project in Western Australia, with operations expected to begin in the coming weeks. The planned reverse circulation drilling program will include roughly 20 holes for a total of about 2,500 metres.
The campaign will primarily focus on step-out drilling aimed at testing extensions of previously identified high-grade gold mineralisation, while selected infill holes will assist in progressing toward a maiden Mineral Resource Estimate. Earlier exploration delivered several strong gold intercepts, including 10 metres at 3.18 grams per tonne gold and 9 metres at 2.07 grams per tonne gold.
Gold mineralisation has been defined along approximately a one-kilometre strike and remains open both along strike and at depth. Following the acquisition of the Zelica South Project, Strata now controls more than eight kilometres of prospective gold corridor.
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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Strata Minerals to Launch Phase 2 Drilling at Zelica Gold Project
Strata Minerals Limited (ASX: SMX) has secured a drill rig for a Phase 2 drilling campaign at its fully owned Zelica Gold Project in Western Australia, with operations expected to begin in the coming weeks. The planned reverse circulation drilling program will include roughly 20 holes for a total of about 2,500 metres.
The campaign will primarily focus on step-out drilling aimed at testing extensions of previously identified high-grade gold mineralisation, while selected infill holes will assist in progressing toward a maiden Mineral Resource Estimate. Earlier exploration delivered several strong gold intercepts, including 10 metres at 3.18 grams per tonne gold and 9 metres at 2.07 grams per tonne gold.
Gold mineralisation has been defined along approximately a one-kilometre strike and remains open both along strike and at depth. Following the acquisition of the Zelica South Project, Strata now controls more than eight kilometres of prospective gold corridor.
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