Comet Resources Limited set to acquire highly prospective extension to Santa Teresa Gold Project proactiveinvestors.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com.au Daily Mail and Mail on Sunday newspapers.
Completion of Acquisition of Highly Prospective Copper Projects in Northern Territory
Comet Resources Ltd is pleased to advise that it has now finalised its due diligence and has completed the acquisition of a portfolio of highly prospective copper-gold-zinc-silver-lead assets in the Northern Territory of Australia from Bath Resources Pty Ltd.
Highlights:
Agreement to acquire a portfolio of copper-gold and base metals assets in Australia’s Northern Territory now completed
Assets include: Oonagalabi Copper-Zinc Project, Paradise Well Copper-Gold Prospect and the Silver Valley Copper-Gold-Silver-Lead Prospect, which combined cover approximately 840 km
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Oonagalabi best intersections from historical drilling include 36.6m at 1.0% copper and 1.7% zinc from 1.5m, 5m @ 1.26% copper and 1.22% zinc from 70m, 6m at 0.9% copper from 102m and 14m at 0.7% copper from 148m
Comet Resources lands drill permit for Santa Teresa Gold Project with 2,000 metres of diamond drilling planned
Drilling will aim to test extensions of known gold mineralisation zones along strike and at depth, as well as target areas of interest identified by review of prior drilling results. Historic workings at the Santa Teresa Project in Baja California, Mexico.
Comet Resources Ltd (ASX:CRL) has received a drilling permit for the Santa Teresa Gold Project in Baja California, Mexico, paving the way for the start of a proposed 2,000-metre diamond drilling program later this quarter.
The permit from the Environmental Impact and Risk department of the Baja California Sub-Delegation for Environmental Protection and Natural Resources is a major milestone for the company
Comet Resources has been given the green light to begin drilling at its high-grade Santa Teresa gold project in northern Mexico. The Environmental Impact and Risk assessment department in Baja California has now completed its evaluation of the company’s planned drilling program, clearing the way for diamond drilling to commence in the weeks ahead.
Historical trenches across Comet Resources Santa Teresa gold prospect in Baja, Mexico. Credit: File
Comet Resources has been given the green light to begin drilling at its high-grade Santa Teresa gold project in northern Mexico. The local government’s Environmental Impact and Risk assessment department in Baja California has now completed its evaluation of the company’s planned drilling program, clearing the way for diamond drilling to commence in the weeks ahead.
Comet Resources Limited is pleased to announce that the drilling permit for the Santa Teresa Gold Project has now been received from the Environmental Impact and Risk department of the Baja California Sub-Delegation for Environmental Protection and Natural Resources.
Highlights:
Details of initial drill program being finalised by in country team and consultant geologists
Drilling expected to commence in late Q2
Comet Resources Limited (
Company) (
ASX:CRL) is pleased to announce that the drilling permit for the Santa Teresa Gold Project (the “Project”) has now been received from the Environmental Impact and Risk department of the Baja California Sub-Delegation for Environmental Protection and Natural Resources. This significant milestone for the Company paves the way for the commencement of diamond drilling at the Project. Comet is now finalising the details of its proposed Santa Teresa drilling program and engaging a drilling contractor to perform the works, with the aim t