CopperCorp Awarded EDGI Co-Funding for Initial Jukes Cu-Au Prospect Drill Program [Yahoo! Finance]
D/B/A Sibanye-Stillwater Limited ADS (SBSW)
Company Research
Source: Yahoo! Finance
The Company applied for co-funding to undertake the drilling of two proposed 200m deep diamond core drill holes (total 400m of drilling) at the Jukes prospect. The EDGI grant allows the Company to apply for a total refund of up to AUD $70,000 from 50% of direct diamond drilling costs incurred in drilling the proposed holes, subject to signing of a funding agreement. As previously reported , the Company commenced diamond drilling at Jukes during early September with the first drill hole, JDD001 (Figures 3 and 4), successfully completed to a depth of 214m. Drilling of a second diamond drill hole, JDD002, has commenced from the same pad as JDD001 (Figure 4). The planned initial drill holes are designed to target depth extensions to high-grade Cu-Au mineralization recently sampled in underground historical Jukes No. 3 Main Adit ( 31.0m @ 1.48% Cu and 0.83g/t Au , including 9.0m @ 2.92% Cu and 1.79g/t Au ) and will test the current interpretation that these high-grade mineralized zones
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SBSW
Sec Filings
- 11/13/24 - Form SC
- 11/12/24 - Form 6-K
- 11/8/24 - Form 6-K
- SBSW's page on the SEC website