Killi Resources (ASX:KLI) said a second drill rig arrived at the Lodestone project in Western Australia to advance the resource growth and drilling program that started in August, according to a Thursday filing with the Australian bourse.
The reverse circulation rig will work with the diamond core rig on site to focus on both the northern and southern extensions to the current resource, as well as depth extensions within the 25-kilometer-long magnetite system, the filing said.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.