Critical Resources Ltd (ASX:CRR) has received Ministerial Approval for 1,700 metres of diamond drilling exploration at Sunnyside prospect within the Halls Peak Project in New South Wales.
These holes are designed to test geophysical anomalies to a maximum depth of 700 metres.
The drilling at depth aims to expand the overall potential of the Halls Peak System.
Test greater extent of system
Critical Resources managing director Alex Biggs said: “We are pleased that the Sunnyside drilling permit has received Ministerial Approval.
“Once final Resource Regulator approval has been received, this will further allow us to test the greater extent of the Halls Peak System.
“Once the current drill program has been completed at Gibsons, DRC Drilling will move to the Sunnyside prospect to drill previously untested geophysical anomalies.”
Drilling strategy
New geophysical targets have been recently developed at Sunnyside through reinterpretation and analysis of data collected in a 2012 Versatile Time Domain Electromagnetic (VTEM) survey.
All drilling will be diamond core, JORC QAQC compliant and act as infrastructure to allow for downhole electromagnetic surveying and imaging of the mineralised zones.
This surveying will then aid in refining the next drill targets for the next stage of drilling.
The company believes this staged approach to exploration will enable more accurate, lower risk, target development and more efficient placement of future holes and further exploration of the down dip and down plunge extensions to known mineralisation.
The strategy for drilling at Sunnyside will focus on deeper targets as defined by the reinterpretation of geophysical data.
Resource Regulator approvals for the three drill holes at Sunnyside, for around 1,700 metres, are expected in due course and the company will keep the market updated.
Drilling will continue at Gibsons before moving to Sunnyside.