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Caeneus Minerals Ltd (“CAD”, “Caeneus” or “the Company”) is pleased to announce that its 2000 m RC drilling program has commenced at its wholly owned Pardoo Nickel Deposit. The project area, which is situated close to existing infrastructure is only 120 km north-east of Port Hedland via the NW coastal Highway (Figure 2).
- 2000 m Reverse Circulation (RC) drill program underway at Pardoo
- Drilling to further evaluate anomalous historical nickel intersections and to investigate the platinum group metal (PGM) potential of the Pardoo occurrence
- Drilling/sampling completion expected by end of March
Phase 1 RC The initial phase 1 program, which has been contracted to Mt Magnet Drilling, is targeting shallow nickel and PGM mineralisation identified in historical drilling. The drilling program will also test down-dip mineralisation continuity in the northern part of the occurrence and a possible repeat of the nickel mineralisation in the northeast.
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