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- Battery Minerals (BAT) confirms the potential for a gold discovery along the Coxs Find trend at its Stavely-Stawell project in Victoria
- The company has received aircore drilling results from a further 127 holes completed in the area, with results from 236 holes still pending
- The latest results have extended the target corridor along Coxs Trend to over 2.5km, with intercepts including 1m at 4.94 grams of gold per tonne from 27m
- Battery is now planning a detailed IP geophysics survey at Coxs Find for later this month, which will aim to define priority gold-sulphide style bedrock drill targets
- Additionally, the company has received environmental permitting at its Azura project in WA, with drilling planned over the next two months
- BAT shares last traded at 0.6 cents each on July 8
Battery Minerals (BAT) has confirmed the potential for a gold discovery along the Coxs Find trend at its Stavely-Stawell project in Victoria.
The company today said it had received aircore drilling results from a further 127 holes for 4057 metres in the area, bringing the total to 629 holes for 24,436 metres. Battery is still awaiting results from another 236 holes.
The latest results have extended the target corridor along the Coxs Find trend to over 2.5 kilometres.
The results include one metre at 4.94 grams per tonne (g/t) gold from 27 metres within 8 metres at 0.79 g/t gold from 27 metres.
Battery is now planning a detailed induced polarization (IP) geophysics survey at Coxs Find for later this month, which will aim to define priority gold-sulphide style bedrock drill targets.
Additionally, the company has received environmental permitting at its Azura project (formerly the Russells project) in WA, with heritage clearance, earthworks and drilling planned for July and August.
The drilling is designed to test priority electromagnetic conductors and geochemical targets, including a zone of strong rock chip anomalism up to 29.9 per cent copper at Russells Gossan.
BAT shares last traded at 0.6 cents each on July 8.
