Drilling is now underway at Eagle Mountain Mining’s (EM2) Oracle Ridge copper mission in Arizona, US.
The drilling started in mid-January following an preliminary refurbishment of the underground mine.
Contractors Boart Longyear have been appointed to drill 13 stations that had been established to permit metallurgical drilling to happen from inside the mine. Eagle mentioned drilling from underground was anticipated to be “much more environment friendly” than drilling from floor because of shorter gap lengths and decrease influence from climate occasions.
“It’s distinctive to entry in-situ mineralisation in comparison with drill core, and we’re dedicated to taking advantage of this important benefit,” Eagle Mountain Mining CEO Tim Mason mentioned.
“Drilling from underground is a recreation changer for the mission on account of improved efficiencies with shorter gap lengths and fewer influence on account of inclement climate.”
The primary drill station will see 17 holes drilled with an purpose to improve the prevailing ‘indicated’ and ‘inferred’ sources to the ‘measured’ and ‘indicated’ classes.
As such, the floor rig is at the moment on maintain till entry for additional targets is established.
“This system is targeted on these mine areas the place manufacturing is anticipated to happen within the first 5 years of the potential mine life,” Mr Mason defined.
In the meantime, Eagle Mountain has additionally begun an underground wall sampling program to focus on a big publicity of copper mineralisation within the underground workings in a bid to generate high-quality underground geological maps.
This system is anticipated to span a number of months, with the outcomes for use to raised perceive small-scale grade variability and outline areas appropriate for additional metallurgical work.
Right this moment’s information follows the appointment of Bob Jacko as Research Supervisor. Within the new position, he’ll assist the corporate in supervising and coordinating ongoing technical and allowing actions to progress the mission in the direction of financial research later within the 12 months.
The corporate mentioned its metallurgical, environmental, and allowing actions would proceed, with materials outcomes to be reported as they develop into obtainable.
Eagle Mountain Mining shares had been buying and selling at 23.5 cents at 10:22 am AEDT.