Matador Mining Ltd (AU:AAM) has released an update.
AuMEGA Metals Ltd has initiated the second phase of diamond drilling, focusing on promising Greenfield targets at Malachite, following positive results from the winter Reverse Circulation drill program. The company plans to drill up to 3,000 meters, with the exact meterage dependent on initial findings and weather conditions. Results from this phase are anticipated over the next six to eight weeks, along with assay outcomes from the first phase of drilling and recent till survey at Intersection.
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