Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Conico (CNJ) prepares to ramp up drilling activities in Greenland, with drilling to commence at two projects this month
  • The company has readied itself to start drilling at its Ryberg project, following the arrival of its field team on site
  • In addition, a second team will be mobilised this month for its Mestersvig zinc-lead-copper-silver project, with drilling to commence shortly after
  • To accelerate activities, Conico has acquired two diamond drill rigs and relevant equipment in near-new condition
  • Shares are trading 6.90 per cent lower today at 2.7 cents each at 1:25 pm AEST

Conico (CNJ) has prepared to ramp up drilling activities in Greenland, with drilling to commence at two projects this month.

The company have readied itself to start drilling at its Ryberg project, following the arrival of its field team on site.

In addition, a second team will be mobilised this month for its Mestersvig zinc-lead-copper-silver project, with drilling to commence shortly after.

To accelerate activities, Conico has acquired two diamond drill rigs and relevant equipment in near-new condition.

The new rigs will be mobilised to Mestersvig, with Ryberg to use the three drill rig already located on site.

Shares were trading 6.90 per cent lower today at 2.7 cents each at 1:25 pm AEST.

CNJ by the numbers
More From The Market Herald
Melbana Energy (ASX:MAY) - Executive Chairman, Andrew Purcell (left)

" Melbana Energy (ASX:MAY) reaches 2150m depth at Zapato-1, Cuba

Melbana Energy (ASX:MAY) has reached a depth of 2150 metres at the side-track hole in its…

" Metal Hawk (ASX:MHK) identifies DHEM conductor at Torana, WA

Metal Hawk (ASX:MHK) identifies an off-hole conductor at the Torana prospect within its Berehaven project in…
The Market Herald Video

" Horizon Minerals (ASX:HRZ) gets “excellent” drill results at Monument, WA

Horizon Minerals (ASX:HRZ) reports "excellent" results from the Monument gold prospect in WA.
The Market Herald Video

" New Age Exploration (ASX:NAE) granted Marlborough project, NZ

New Age Exploration (ASX:NAE) is granted a prospecting permit which covers the Marlborough gold project in…