Drilling contract signed and exploration programs commenced
Filed with ASX · · 7 pages · English
“The funds raised from our recent capital raising have enabled us to develop an exploration strategy aimed at achieving step change development advances at both 8 Mile and Eidsvold. At 8 Mile we are focussed on a bulk tonnage discovery and at Eidsvold we are aiming to demonstrate that the Great Eastern Target is a new large IRG system. Work on the ground has commenced and we look forward to moving
Story so far
Earlier from Metal Bank
- Placement Completed and Entitlement Offer Prospectus Lodged
- Entitlement Offer Prospectus
- Placement and Entitlement Offer to raise up to $2.11M
- MBK grants option to acquire its Triumph tenements
- Latest 8 Mile Drilling Supports Exploration Target
Later from Metal Bank
- Entitlement Offer closes oversubscribed
- MBK settles sale of Triumph project tenements
- Eidsvold drilling to commence and 8 Mile drilling completed
- Successful Direct Test for Bulk Tonnage Mineralisation
- Drilling Confirms Large Hydrothermal System at Eidsvold
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