Home » Augustus Minerals Drilling for Higher-grade Targets at Ti Tree Project, Exec Says

Augustus Minerals Drilling for Higher-grade Targets at Ti Tree Project, Exec Says

Augustus Minerals Drilling for Higher-grade Targets at Ti Tree Project, Exec Says

“(We’re) continuing our rock chip sampling (and) prospecting mapping. We have an airborne geophysics program starting hopefully in early August, and that will be targeting a variety of (areas),” he said.

Augustus Minerals also earned sponsorship from the Western Australian government through an exploration incentive scheme, where 50 percent of the drill costs will be covered by the government, according to Ford.

“So we’ve got two 700 metre diamond holes, sort of targeted to test under the existing drilling in areas where we haven’t done drilling, down to an area where we’re hoping … we may hit some hopefully higher-grade copper and molybdenum. So that’s another big program coming up,” he explained.

Watch the full interview with Augustus Minerals General Manager of Exploration Andrew Ford above.

INN does not provide investment advice and the information on this profile should not be considered a recommendation to buy or sell any security. INN does not endorse or recommend the business, products, services or securities of any company profiled.

This interview may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, receipt of property titles, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. The issuer relies upon litigation protection for forward-looking statements. Investing in companies comes with uncertainties as market values can fluctuate.

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