Savannah Resources (LON:SAV) has started drilling the best copper/gold targets identified around the Aarja Prospect in Block 4 in Oman through a magnetic survey.
The junior can earn a 65% stake in the block through its exploration programme, which will target the Aarja, Zuha and Gaddamah prospects.
David Archer, Savannah’s chief executive, said: “Given the strength of the new VTEM targets and their favourable location within the geology we think our chances of a new discovery are very good.
“Drilling to verify the historical data will also commence and if successful we plan to complete a maiden JORC compliant mineral resource estimate before the end of the 2015 calendar year."