Errawarra Resources

Drill Contract Awarded for Elizabeth Hill. Technical Visit Completed to Define Drill Targets

Errawarra Resources Ltd (ASX: ERW) is pleased to advise that it has awarded its inaugural drilling contract at the high-grade Elizabeth Hill Project, located in the Pilbara region of Western Australia.


HIGHLIGHTS:

  • Inaugural Drilling Contract awarded for Elizabeth Hill.
  • West Core Drilling has been awarded the diamond drilling contract under a partial drill for equity arrangement. Drilling is anticipated to commence imminently post EGM.
  • Drill targeting currently being finalised following site visit by Errawarra’s Management to ground truth targets.
  • Regional Soils program targeting regional structures with associated historical silver in soil anomalism is almost completed with 1,766 soils samples and 89 rock chip samples having been collected.
  • Rock chip sampling is aided using pXRF technology to qualitatively assess with the samples in the field.
  • Laboratory results are expected in 6-8 weeks.

Following a competitive tender process, the Company has awarded the diamond drilling contract to West Core Drilling. The upcoming drill program will be completed under a partial drill-for-equity arrangement and will focus on high-priority mine and near-mine targets. These include:

  • Near-surface mineralisation,
  • Down-plunge extensions, and
  • Strategic drill holes to enhance the geological understanding and structural orientation of the mineralised system.

Drilling is anticipated to commence in the week following the Company’s upcoming General Meeting (GM) planned for 19 May 2025.

Executive Director Bruce Garlick commented:

“We are delighted to partner with West Core as part of our inaugural drilling program. This contract award demonstrates our continued progression of the project, and we look forward to testing the asset with the drill bit in the coming weeks. It was also fantastic for the board to recently visit site and see all the readily available nearby infrastructure that could potentially feed into our development planning.”

Targeting for the drill program is currently being finalised, with active involvement from the Board of Errawarra and technical consultants ERM Consulting. A recent site visit completed by management has enabled ground-truthing of the high-priority targets.

Figure 1 – Errawarra’s Management visiting Elizabeth Hill

As part of Errawarra’s ongoing project development and planning, management visited the Radio Hill processing plant, approximately 15 kilometres to the north which is owned by Artemis Resources (ASX: ARV) and currently in care and maintenance.

Figure 2 – Errawarra’s Management inspecting the Gekko Gravity processing area at the Artemis Resources (ASX: ARV) owned Radio Hill plant

During the same site visit, the team also observed the almost completed regional soil sampling campaign which is targeting regional structures with associated historical silver in soil anomalism. A total 1,766 soil samples and 89 rock chips samples have been collected to date during this program which is anticipated to be completed in the coming week.


Click here for the full ASX Release

This article includes content from Errawarra Resources, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.

The Conversation (0)
Silver bars and US$100 bills with a rising chart overlay.

Silver Price Surges Above US$40 for First Time Since 2011

The silver price surged on Tuesday (September 2), breaking US$40 per ounce to rise as high as US$40.93.

Silver was last above US$40 in 2011, peaking that year at US$47.94 in April.

Many of the same factors that drove the silver price to that level in 2011 are present in today’s market, including significant uncertainty around the economy, a global debt crisis and a dovish US Federal Reserve policy.

Keep reading...Show less
Silver bars on shiny metallic surface.

Silver Stocks: 5 Biggest Companies in 2025

During 2025, silver has continued to build on gains made in the previous year, soaring above US$40 per ounce in early September.

The gains have been driven by several factors, most notably the tightening of supply and demand fundamentals, resulting from higher demand from industrial sectors and its use in photovoltaics.

Keep reading...Show less
Cobre Limited (ASX:CBE)

Cobre Limited

Keep reading...Show less
Silver bars on blue grid background with fluctuating line graph.

Pan American Silver Gets Green Light for US$2.1 Billion MAG Silver Deal

Pan American Silver (TSX:PAAS,NYSE:PAAS) is set to close its US$2.1 billion acquisition of MAG Silver (TSX:MAG,NYSEAMERICAN:MAG) after receiving final clearance from Mexico’s Federal Economic Competition Commission, cementing one of the year’s largest transactions in the sector.

The approval clears the way for the all-cash-and-stock deal to be completed on or about September 4 of this year, the companies announced on Monday (August 25).

Under the terms of the arrangement, MAG shareholders will receive either US$20.54 in cash per share or the default consideration of US$0.0001 in cash plus 0.755 of a Pan American share for each MAG share held.

Keep reading...Show less
Prismo Metals (CSE:PRIZ)

Prismo Metals


Keep reading...Show less

Latest Press Releases

Related News

×