Metal Bank (ASX:MBK) said Hastings Technology Metals (ASX:HAS) completed the phase one drilling program at the Seven Leaders prospect, part of the Whiteheads gold project in Western Australia, according to a Monday Australian bourse filing.
Geotechnical analysis, mine design, and mine planning are advancing, it added.
Metal Bank's partially underwritten non-renounceable entitlement offer to raise up to AU$2.3 million before costs is also in progress.