Top Price Market
  • Business
  • Politics
  • Investing
  • World
  • Business
  • Politics
  • Investing
  • World

Top Price Market

Investing

Yallalong Antimony and Byro REE Drill Programs Progressing as Planned

by December 5, 2024
December 5, 2024
Yallalong Antimony and Byro REE Drill Programs Progressing as Planned

Octava Minerals Limited (ASX:OCT) (“Octava” or the “Company”), a Western Australia focused explorer of the new energy metals antimony, REE’s, Lithium and gold, is pleased to report that exploration drilling at its 100% owned Yallalong antimony project in the mid-west of Western Australia is on track and progressing as expected. In addition, the planned two metallurgical core drill holes are now complete, with samples on their way to Perth to undergo testwork in coming months.

Highlights

Exploration drilling at the Yallalong antimony project in the mid-west of WA is on track and progressing as planned.
Drilling at the Discovery antimony prospect, where historic drilling recorded significant high-grade intercepts including 7m @ 3.27% antimony (Sb) is almost complete.
The rig will shortly relocate 2km north along strike to the second antimony target, Central, and commence drilling.
Field observations have confirmed the presence of antimony mineralisation in drill holes as expected.
Completion of two metallurgical core test holes at the Byro REE/Li project with samples to be submitted for chemical analysis followed by minerals extraction studies by CSIRO.

Octava’s Managing Director Bevan Wakelam stated; ”Drilling is going well at our Discovery antimony prospect and progressing as planned. The team onsite have observed antimony mineralisation in drill holes at the Discovery target, which we will get to the laboratory for determination of antimony grades. The results are expected to be available early in the new year. We are also looking forward to testing the second antimony target at the Central target, which has not been drilled tested before. In addition, core hole drilling is now complete at our Byro project, we are looking forward to getting the metallurgical recovery test work on these samples underway at the CSIRO.”

Discovery Antimony Target

Drilling is progressing well at the Discovery antimony target with around 75% of the planned drill holes now completed. In the next few days, the drill rig will relocate to the Central antimony target, 2km north and commence drilling 9 maiden drill holes, down to a depth of approximately 120m, the prospect at Central has not been drill tested before.

Results from the drill program are expected to be available early in the new year.

Byro REE Project

Drilling of two metallurgical core holes at the Byro Project has been completed on time and on budget and the core samples are on their way to Perth. Over the next couple of months, these samples will undergo chemical and mineralogical analysis and beneficiation tests, followed by metals extraction testwork with the CSIRO.

Click here for the full ASX Release

This post appeared first on investingnews.com
0
FacebookTwitterGoogle +Pinterest
previous post
Drilling Planned for Resource Expansion at Whundo Copper Project
next post
Amazon sued by D.C. AG for allegedly excluding neighborhoods from Prime delivery

You may also like

Entitlement Issue Prospectus

Amarc Resources Soars After Major Copper-Gold-Silver Discovery in...

What Factors Impact Graphene Cost?

Group Eleven Resources Corp. to Attend the 50th...

Marvel Completes Drilling at Duhamel, Nickel-Copper-Cobalt Project, North...

Bold Ventures Announces PDAC 2025 Booth and Plans...

Cardiol Therapeutics Announces Closing of US$13.5 Million Public...

Making the Best of Threats: The Market Opportunity...

Drilling in Progress at Odienne Project, Côte d’Ivoire

South Star Announces Successful Product Qualification and 100-Tonne...

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • Trump claims ‘I don’t know her’ and ‘listened to’ RFK Jr about...

    • Rubio just got an additional job in Trump’s administration — and he’s not the only one wearing multiple hats

    • Sycamore Gap: Two men convicted of felling one of UK’s most famous trees

    • Putin, Xi and friendly world leaders celebrate Russia’s Victory Day at Moscow Parade

    • Ellen Miles is planting seeds of hope through guerrilla gardening

    Categories

    • Business (1,632)
    • Investing (4,781)
    • Politics (7,548)
    • Uncategorized (2)
    • World (6,135)
    • About us
    • Contacts
    • Privacy Policy
    • Terms & Conditions
    • Email Whitelisting

    Disclaimer: toppricemarket.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 toppricemarket.com | All Rights Reserved


    Back To Top