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RAS approvals allow for significantly expanded drilling program

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Published 17-OCT-2022 15:27 P.M.

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41.4 seconds read


Our small cap exploration Investment Ragusa Minerals (ASX: RAS) has received NT government approval to allow additional drilling sites to be included as part of its current drilling program at the company’s NT Lithium Project.

With a view to defining a maiden mineral resource for the project, RAS is targeting the most prospective pegmatites, which are evident at the Core Lithium Project located to the project’s north.

The updated Mining Management Plan approval now allows for up to 38 drill sites, plus additional drilling in the approved designated areas.

RAS can now enlarge its current drilling program, and is planning up to ~4,000m from the approved sites. It intends to keep drilling until the wet season prohibits further site access and operations, and then re-commence in 2023.

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