RC drilling commences at Playa Kali
Summary
· Maiden Reverse Circulation (RC) drilling program (+4,000m) at the Playa Kali Copper Project has commenced.
· Drilling is designed to test a range of Iron-Oxide Copper-Gold (IOCG/manto) targets in a similar geological setting to the Mina Justa deposit (~400Mt @ 0.77% Cu)* located immediately to the north.
· Drilling is expected to take ~4 weeks to complete, with final assays expected ~4 weeks after completion of the program.
· The RC drill rig will be moved to Lantana to test the large-scale, high grade porphyry copper target once the Playa Kali program is completed.
· The current RC drill program at Cangallo has been completed with initial assay results expected over the coming weeks.
· Deep diamond drilling (+6000m) to test hypogene sulphide targets at Cangallo is planned to commence in late May 2026.
Your question will be sent privately to AusQuest. The company may choose to make this question public.
Start the conversation
Ask AusQuest a question about this announcement.
Share your feedback
Discover