Buchans Minerals Corporation (TSXV:BMC) and Minco plc (AIM:MIO) announced that they have started drilling at the Woodstock manganese project in New Brunswick.
As quoted in the press release:
Drilling is expected to take 6 to 8 weeks to complete and will include 14 to 18 holes totaling between 3,700 and 4,350 metres of drilling.
Buchans’ President and CEO, Warren MacLeod, said:
Buchans Minerals is very pleased to launch the drilling program on the Plymouth deposit with the goal of upgrading as much of the historical resource as possible into an NI 43-101 compliant inferred resource. An inferred resource will compliment the extensive hydrometallurgical test work and economic modeling accomplished to date and sets the foundation upon which the project is able to proceed towards a preliminary economic assessment on the Plymouth deposit.
Why Have Most Investors Forgotten About Metals - One Of The Safest Investments In The World?
Discover everything you need to know to diversify your portfolio with metals. Click below to download a FREE industry report on critical metals investing.