tiprankstipranks
Burgundy Mines Begins Major Sable Drilling Program
Company Announcements

Burgundy Mines Begins Major Sable Drilling Program

Burgundy Diamond Mines Ltd (AU:BDM) has released an update.

Burgundy Diamond Mines Ltd (ASX:BDM) has announced the start of a significant drilling program at the Sable site, aimed at assessing the underground potential and extending the mine’s life. The program will feature up to 17 drillholes spanning approximately 5,865 meters to gather data for a prefeasibility study and resource update. With high expectations based on the successful reverse circulation drilling from the previous quarter, the company looks to confirm the quality of diamonds deeper within the ore body, potentially indicating a substantial expansion of the Ekati project.

For further insights into AU:BDM stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!