Core Energy Minerals gets rolling with uranium drilling at Barking Gecko

Résumé détaillé

A 12-hole campaign will test a revised geological model before stepping out. ... Read More The post Core Energy Minerals gets rolling with uranium drilling at Barking Gecko…

Drilling is on the move to test a revised geological model before drilling step-out fences. Pic: Getty Images

Special Report: Core Energy Minerals has started drilling at its Barking Gecko uranium prospect, putting a revised interpretation of historical mineralisation to the test at the Nova JV in Namibia.

Contractor Torque Drilling has begun diamond coring at the first site following mobilisation and safety onboarding.

The planned 12-hole, roughly 2650m campaign combines diamond and reverse circulation drilling.

Initial holes will test the geological interpretation before step-out fences assess how far the mineralisation extends.

For Core Energy Minerals (ASX:CR3), the start moves its Nova joint venture exploration program from planning into direct testing of the alaskite-hosted uranium target.

Barking Gecko is the first prospect being drilled under Core’s program at Nova, where the company has a binding agreement to earn up to 51% alongside Deep Yellow and entities associated with former ASX-listed Toro Energy.

“Getting the rig turning at Barking Gecko on schedule is an exciting and important milestone for Core Energy,” CR3 managing director Tony Greenaway said.

“Our team has done a lot of work reinterpreting the historic drilling, and this program is designed to test that interpretation directly before stepping out to see how far the mineralisation extends.”

Début de l'article, extrait de Stockhead. Pour lire la suite, ouvrez l'article chez le média.