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Gold & silver

Mila Resources begins drilling at Kathleen Valley Gold Project

The initial drilling confirmed ‘consistent and high-grade mineralisation’

Mila Resources PLC (LSE:MILA) told investors it has begun drilling at the Kathleen Valley Gold Project in Western Australia today.

The post-discovery gold exploration accelerator said initial drilling confirmed consistent and high-grade mineralisation, including a 10m wide zone of mineralisation with multiple 10g/t and higher of gold and silver grades at the Coffey deposit.

It says it is now focussed on expansion to define a sizeable gold and silver resource.

“Having successfully mobilised on site we look forward to defining further ounces and unlocking the project's significant resource potential in this world-class gold province,” said executive chairman Mark Stephenson.

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