Accent Resources announced its quarterly activities report

Apr 28, 2022

Accent Resources NL (ASX: ACS) released its quarterly activities report of the quarter ended 31 March 2022

  • ACS has completed its stage one Reverse Circulation drilling, in which 57 RC drill holes for 9,861m were completed at the Julia Prospect.
  • It completed Magnetite Range Project (MRP) 2021 whole area spring flora and fauna level II surveys over M59/764 and M59/166. The results is pending now.
  • MRP Wireline downhole geophysical surveys on 2021 RC drill program is completed. ACS is now waiting for the results.
  • MRP Tenement Applications E59/2664, E59/2666, E59/2668, E59/2686 and L59/210 have been submitted. They are now pending DMIRS application process
  • The next stage of Reverse Circulation drilling is in the planning phase, and drilling is expected to start in September 2022. This will help to increase the confidence in grade continuity and test the depth potential of the existing resources.
  • The company held cash at the bank of $2,214,000, and exploration expenditure cash outflow was $444,000.

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