Lycaon Resources (ASX:LYN) appointed Topdrill to conduct maiden drilling at the Stansmore niobium-rare earth element-iron oxide copper-gold target in Western Australia.
The drill program is slated to begin in early November, according to a Tuesday filing with the Australian bourse.
In May, the miner secured up to AU$180,000 co-funding grant from the state's Exploration Incentive Scheme to drill at Stansmore.
Shares of Lycaon Resources slid 2% in recent trade.
Price (AUD): $0.31, Change: $-0.0050, Percent Change: -1.59%
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