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White Energy Company Limited (ASX: WEC) has launched a core-drilling program at its 51%-owned Specimen Hill Project near Biloela, Central Queensland, through its subsidiary Amerod Resources Pty Ltd. The program targets multiple induced polarisation (IP), magnetic, and geochemical anomalies, while also verifying previous gold and copper drilling results. The region is highly prospective, featuring widespread copper-bearing outcrops and historical intercepts indicating significant mineralisation potential.
Initial drilling is focused on the Mt Rainbow area within MDL 313 and the Mt Walturn area in EPM 28296, where previous surveys identified a strong 2,500 nT magnetic anomaly. The campaign, expected to run for approximately six weeks, aims to enhance geological understanding and define mineralisation types to guide future exploration. White Energy anticipates that results will strengthen the project’s potential for copper and gold discoveries across its priority target zones.
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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.