Woomera Mining Limited (ASX: WML) has obtained all necessary administrative permits to kick off an ambitious two-pronged diamond core program. This program is designed to achieve two main objectives:
Firstly, it aims to confirm the potential of a higher-grade structural zone near the historic hole F62, which previously yielded impressive results of 929m @ 0.37% CuEq. The targeted zone, identified as the confluence of an IP anomaly and a structural fault zone, holds the promise of significantly boosting the volume and grade of the existing resource.
Secondly, it strategically plans to increase resource tonnage through infill and extension drilling while facilitating the conversion of the existing EL to an ML. This strategic approach reassures its stakeholders about its plans. The future looks incredibly promising for Woomera Mining Limited, and it is not just ready but eager to embark on this groundbreaking journey to unlock the full potential of its resources.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
