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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.
This article includes content from Caeneus Minerals, 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.
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