Resource drilling enhances mill-feed for ensuing PFS
Filed with ASX · · 22 pages · English
Summary by 6ix AI
Santana Minerals Ltd. has announced the results of resource definition drilling at its Come-in-Time and Srex prospects, which have enhanced supplementary mill-feed for an upcoming Pre-Feasibility Study. The drilling aimed to upgrade Inferred resources to the Indicated category, with significant results from multiple drill holes indicating potential for further resource expansion. The company plans to integrate these updated resources into the Bendigo-Ophir Pre-Feasibility Study, expected to be completed in the near future. CEO Damian Spring noted that while these prospects may not match the main Rise and Shine discovery, they provide valuable supplementary feedstock for mining operations.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Story so far
Earlier from Santana Minerals
- Proposed Split of Securities
- Another Booming Gold Hit from RAS
- RAS Shines, SHR Complements
- Approval to list on New Zealand Stock Exchange
- More thick high-grade intercepts from RAS
Later from Santana Minerals
- Consolidation/Split - SMI
- Fast Track Approval Received
- Bendigo-Ophir Gold Project - PFS Presentation
- Bendigo-Ophir Gold Project - Pre-Feasibility Study
- Stars Align with PFS & Fast-track Approvals Bill Progress
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