Regener8 Resources (ASX:R8R) tapped Gyro Drilling to undertake a maiden drill program at the East Ponton critical minerals project in Western Australia, according to a Friday filing with the Australian bourse.
The program will start in the coming weeks and will test the Hatlifter nickel-cobalt target and the Grasshopper rare earth element-niobium carbonatite targets, the filing said.
Shares of Regener8 Resources rose 7% in recent trade.
Price (AUD): $0.15, Change: $+0.0100, Percent Change: +7.14%