Golden Mile Resources gears up for maiden drilling at US copper play
Golden Mile Resources is set to kick off maiden drilling next week at Pearl copper project in Arizona, USA.
Stockhead
Don't miss out on the headlines from Stockhead. Followed categories will be added to My News.
G88 secures permit approvals to kick off maiden drilling at Pearl copper project
Targeting Odyssey and Ford prospects, and historical high-grade workings
Mobilisation for the 1800m RC program to begin on Monday, April 28
Special Report: Golden Mile Resources has secured all exploration permits required to begin drilling at the Pearl copper project in Arizona.
The company has been granted a Notice of Intent by the Bureau of Land Management and had its Special Land Use Permit and Geologic Field Operation Plan approved by the Arizona State Land Department.
The maiden drilling will comprise 14 to 16 reverse circulation holes for a total of up to 1,800 metres.
This marks the first-ever drilling campaign at the Pearl Copper Project and will be the maiden drill program by Golden Mile Resources (ASX:G88) testing both the Odyssey and Ford prospects.
Both targets include historical mine workings that operated between 1915 and 1942 and are known to have produced high-grade copper.
Compelling copper potential
At Odyssey, the drill program will target an 800m zone of the mineralised structure which hosts three quartz veins with polymetallic mineralisation dipping between 60 and 80 degrees to the west.
At Ford, drilling will target below the historical mine which was established down to about 60m.
“We are delighted to have secured all necessary permits, enabling us to advance to the maiden drilling program at the Odyssey and Ford prospects,” G88 managing director Damon Dormer said.
The extended time taken to obtain approvals meant the original drilling contractor was unavailable but the company quickly pivoted, securing local contractor Resource Specialities Inc. to get site and drill pad preparation underway.
“While the permitting process took longer than expected, our exploration manager has been pivotal in securing the final approvals and is currently in-country to directly oversee the execution of the program,” Dormer said.
“The Pearl copper project represents a compelling opportunity for Golden Mile, and we are excited to begin unlocking its potential through this historic first drilling campaign.”
Site preparation work will enable Harris Drilling and Associates to mobilise on Monday April 28 and drilling is expected to begin shortly after.
This article was developed in collaboration with Golden Mile Resources, a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.
Originally published as Golden Mile Resources gears up for maiden drilling at US copper play