Total
0
Shares
Wildcat Resources (ASX:WC8) to recommence soil program at Adrah
  • Wildcat Resources (WC8) will recommence its soil sampling program at its Mt Adrah Gold Project in the Lachlan Fold Belt in NSW next week
  • The company commenced a major soil program in December, which aims to be completed by the end of January
  • It is expected that around 300 samples will be taken regionally across a range of areas along the 18-kilometre strike on the Gilmore Structure
  • Once completed Wildcat is planning an upcoming field trip to follow up in prospects of interest and define drill pad locations for the upcoming 2021 drilling program

Wildcat Resources (WC8) will recommence its soil sampling program at its Mt Adrah Gold Project in the Lachlan Fold Belt next week.

The company commenced a major soil program in December, which will be completed by the end of the month.

Wildcat has pointed out its geological team are based in New South Wales, so COVID-19 restrictions shouldn't be an issue.

It is expected that around 300 samples will be taken regionally across a range of areas along the 18-kilometre strike on the Gilmore Structure.

Interestingly, this is the largest sampling program the company has initiated and will give the geological team a significant insight into the target areas.

Notably, the land package has been through a number of hands over the last few decades, meaning much of the data is inconsistent.

Once the soil sampling is complete, Wildcat is planning an upcoming field trip to follow up prospects of interest and define drill pad locations for the upcoming 2021 program.

For this field trip, the company is planning to use its established geological consultants, however, due to border restrictions, this may not happen. If border restrictions are an issue, the Perth-based explorer has a network of well-experienced geologists within NSW that can be deployed if needed.

On the market this afternoon, Wildcat is in the grey and trading at 2.8 cents per share at 12:56 am AEDT.


Subscribe


WC8 by the numbers
More From The Market Herald
Firefinch (ASX:FFX) buys 80pc stake in Mali gold mine

" Firefinch (ASX:FFX) confident of N’Tiola upgrade

Firefinch (FFX), formerly Mali Lithium, has intersected broad zones of mineralisation at the N’Tiola deposit within the Morila Gold Project.
Kingrose Mining (ASX:KRM) intersects high-grade gold in Indonesia

" Kingrose Mining (ASX:KRM) intersects high-grade gold in Indonesia

Kingrose Mining (KRM) has intersected up to 32.2g/t gold from the Talang Santo deposit at the Way Linggo Project in Indonesia.
Victory Mines (ASX:VIC) to raise $2M for Coogee

" Victory Mines (ASX:VIC) to raise $2M for Coogee

Victory Mines (VIC) has received firm commitments to raise $2 million via a share placement.
BMG Resources (ASX:BMG) tumbles on first Abercromby drilling results

" BMG Resources (ASX:BMG) tumbles on first Abercromby drilling results

Shares in junior explorer BMG Resources (BMG) shed a tenth of their value today after the company released its first batch of assay