Godolphin Resources Limited’s proposed diamond drill program at the Narraburra Rare Earth Project has been approved by the New South Wales Resources Regulator.
The company intends to complete a four hole diamond cored drill program, which is designed to confirm and test rare earth and rare metal mineralisation at Narraburra.
The diamond drill core samples will be used to progress in situ bulk density estimation, flow path testing, extraction and additional metallurgical testing.
Godolphin expects to commence the drill program in three weeks and report assays in August. Following the completion of the diamond cored drilling and pending weather events, the company will commence its planned 4,000 metre air core drill program to support the reclassification of the existing mineral resource estimate to JORC 2012 standards.
Managing Director Ms Jeneta Owens said: “The planned four‐hole diamond cored drill program at Narraburra will be an exciting milestone for Godolphin. It will mark the commencement of our exploration and feasibility activities at the project and will be the first drilling undertaken at the Narraburra rare earth and rare metal deposit in the last ten years.
“Commencement of the drilling campaign will follow an extensive review of the project’s existing mineral resource estimate and historical data, which has allowed strategic placement of the diamond drill holes, aimed at testing known mineralisation. We also anticipate that core samples from drilling will provide ample samples for planned metallurgical testing which will occur over the coming months.
“Godolphin is currently in the process of mobilising a rig to site and will provide additional updates as the drill program progresses and assay results are received in the coming weeks.”