Sport Investors League
  • Politics
  • Stocks
  • Investing
  • Business

Sport Investors League

  • Politics
  • Stocks
  • Investing
  • Business
Investing

Yallalong Antimony and Byro REE Drill Programs Progressing as Planned

by admin December 5, 2024
December 5, 2024
Yallalong Antimony and Byro REE Drill Programs Progressing as Planned

Octava Minerals Limited (ASX:OCT) (“Octava” or the “Company”), a Western Australia focused explorer of the new energy metals antimony, REE’s, Lithium and gold, is pleased to report that exploration drilling at its 100% owned Yallalong antimony project in the mid-west of Western Australia is on track and progressing as expected. In addition, the planned two metallurgical core drill holes are now complete, with samples on their way to Perth to undergo testwork in coming months.

Highlights

  • Exploration drilling at the Yallalong antimony project in the mid-west of WA is on track and progressing as planned.
  • Drilling at the Discovery antimony prospect, where historic drilling recorded significant high-grade intercepts including 7m @ 3.27% antimony (Sb) is almost complete.
  • The rig will shortly relocate 2km north along strike to the second antimony target, Central, and commence drilling.
  • Field observations have confirmed the presence of antimony mineralisation in drill holes as expected.
  • Completion of two metallurgical core test holes at the Byro REE/Li project with samples to be submitted for chemical analysis followed by minerals extraction studies by CSIRO.

Octava’s Managing Director Bevan Wakelam stated; ”Drilling is going well at our Discovery antimony prospect and progressing as planned. The team onsite have observed antimony mineralisation in drill holes at the Discovery target, which we will get to the laboratory for determination of antimony grades. The results are expected to be available early in the new year. We are also looking forward to testing the second antimony target at the Central target, which has not been drilled tested before. In addition, core hole drilling is now complete at our Byro project, we are looking forward to getting the metallurgical recovery test work on these samples underway at the CSIRO.”

Discovery Antimony Target

Drilling is progressing well at the Discovery antimony target with around 75% of the planned drill holes now completed. In the next few days, the drill rig will relocate to the Central antimony target, 2km north and commence drilling 9 maiden drill holes, down to a depth of approximately 120m, the prospect at Central has not been drill tested before.

Results from the drill program are expected to be available early in the new year.

Byro REE Project

Drilling of two metallurgical core holes at the Byro Project has been completed on time and on budget and the core samples are on their way to Perth. Over the next couple of months, these samples will undergo chemical and mineralogical analysis and beneficiation tests, followed by metals extraction testwork with the CSIRO.

Click here for the full ASX Release

This post appeared first on investingnews.com

0
FacebookTwitterGoogle +Pinterest
previous post
How to Invest in Platinum Stocks (Updated 2024)
next post
BTR accelerates Second Fortune high-grade mine development

Related Posts

Silver47 Announces Graduation to Tier 1 Status on...

May 23, 2025

Brunswick Exploration Drills 37 Meters at 1.14% Extending...

January 10, 2025

Cleo Commences U.S. Regulatory Process with FDA

June 27, 2024

Potash Fertilizers: What’s the Difference Between SOP and...

January 24, 2025

Silver47 Closes First Tranche of Non-brokered Private Placement

March 6, 2025

Mali Shuts Barrick Gold’s Office in Bamako Amid...

April 16, 2025

Canadian Investment Regulatory Organization Trade Resumption – MFL

February 13, 2025

Auking Wins Bid for Saudi Gold Exploration Licence

November 12, 2024

Kincora Copper Expands Fleet Space Partnership for Exploration...

October 18, 2024

Cygnus secures another two years to increase its...

April 2, 2025

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent

    • Strategic Chaos or Tactical Goldmine? What QQQ’s Chart is Whispering Right Now

      June 5, 2025
    • Why ADX Can Mislead You — And How to Avoid It

      June 5, 2025
    • S&P 500 on the Verge of 6,000: What’s at Stake?

      June 5, 2025
    • Speaker Johnson surprised by Musk’s criticism of ‘big, beautiful bill’: He’s ‘flat wrong’

      June 5, 2025
    • There’s a way to aid Gaza. I know, my foundation just helped deliver 7 million meals… without incident

      June 5, 2025

    Categories

    • Business (967)
    • Investing (2,320)
    • Politics (2,873)
    • Stocks (1,054)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: sportinvestorsleague.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 sportinvestorsleague.com | All Rights Reserved