Drilling planned for Q2-2023 next to $1.7BN Capricorn Metals
Our exploration Investment BPM Minerals (ASX: BPM) has firmed up its forward exploration plans at its Claw gold project in WA.
BPM’s Claw project sits immediately to the south of Capricorn Metals’ (capped at $1.7BN) 2.7m ounce Mount Gibson gold mine.
BPM is now running a ~700 sample soil survey and expects the results from the program to be announced in Q2-2023.
Immediately after the results are received BPM is looking to start an aircore drilling program (subject to regulatory approvals). Drilling is expected to commence in Q2-2023.
BPM will drill two high priority drill ready targets right near the southern border shared with Capricorn Metals.
- The Lewie anomaly - Covers an area of 1,200m x 400m
- The Chickie anomaly - Covers an area of ~1,000m x 500m.
To see our most recent deep-dive on BPM’s portfolio of projects and what we want to see BPM do next check out the following: Assays in - What does $6.5M capped BPM do next?
