CuFe (ASX:CUF) is set to start a reverse circulation and diamond drilling campaign at the Tennant Creek project in the Northern Territory, with earthworks and drill pad preparation underway, according to a Thursday filing with the Australian bourse.
The campaign includes resource development drilling to advance the Orlando and Gecko resources closer to development and green fields exploration at targets along the Gecko Corridor, the filing said.
Shares fell 4% in morning trade Thursday.
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.