Comet Resources Limited (Comet or the Company) (ASX:CRL), is pleased provide the Quarterly Activities Report and Appendix 5B for the quarter ending 31 March 2021.
Highlights:
• Acquisition of highly prospective copper-gold projects in Northern Territory
• Completion of soil geochemical sampling and commencement of airborne geophysics at the Barraba Copper Project
• Advancing pre-drilling exploration activities and permitting at the Santa Teresa Gold Project
Post Quarter End:
• Graphite metallurgical test work update
Comet Resources Limited (Comet or the Company) (ASX:CRL), is pleased provide the Quarterly Activities Report and Appendix 5B for the quarter ending 31 March 2021 (the Quarter). During the Quarter the Company announced the acquisition of a suite of copper-gold projects in the Northern Territory and completed a placement of $1,000,000 of shares to new strategic investors. The Company also progressed work programs on its Barraba Copper Project and the Santa T
Drilling permit applications will be submitted shortly once documentation is completed, with approval expected 60 days thereafter. Visible Gold from 25 centimetres working circled by black marker
Comet Resources Ltd (ASX:CRL) has identified numerous mineralised structures at surface in a recent detailed geological mapping campaign of historic drill collars, shafts, and artisanal workings at the Santa Teresa Gold Project in Baja California, Mexico.
Consultants Minera Cascable conducted the mapping program and collected several samples during the survey process, which have been forwarded to ALS Chemex in Hermosillo, where they will be prepared for assaying at ALS Chemex in Vancouver.
Minera Cascabel also conducted a thorough review of the historical drill core from the 2008 diamond drilling program.
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Comet Resources Limited (ASX:CRL) is pleased to announce that its Project Manager for the Santa Teresa Gold project, Interminco Services Limited, has made significant progress in Baja California Norte, Mexico, having recently appointed a local geological consultant, Minera Cascabel, which operates a Joint Venture with the Imdex Group based in Tucson, Arizona.
Highlights
Project Manager Interminco Services making significant progress on the Santa Teresa Gold Project in Baja California, Mexico
Appointment of local geological consultancy Minera Cascabel to assist with geological programs, including permitting of drilling
Drilling expected to commence in Q1 2021
Prior to drilling, a mapping and trenching program focussed on vein outcrops will assist with final drill-hole positioning