Savannah Goldfields Starts Drilling at Electric Light Deposit of Australia Project

MT Newswires Live
2025/09/26

Savannah Goldfields (ASX:SVG) said the current exploration drilling campaign at its Georgetown gold project in Australia has shifted as planned from Big Reef to Electric Light deposit, according to a Friday Australian bourse filing.

A reverse circulation exploration drilling program of 15 holes was completed at the Big Reef and Big Reef Extended prospects, the filing added.

The company said that six reverse circulation drill holes are planned to be drilled in this campaign at Electric Light to test the down dip and strike extensions of known gold mineralisation.

The Electric Light inferred mineral resource is 388,000 tonnes at 3.7 grams per tonne gold, containing 46,000 ounces of gold.

Following completion of the planned reverse circulation drilling at Electric Light, the company plans to mobilize a diamond drill rig to Georgetown in the first half of October to undertake a four to eight-hole diamond drilling campaign at Electric Light and then the Red Dam Prospects.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10