Exploration Drilling Commences at Irvine and Tandarra
Released 14 Jan 25
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Announcement summary
Exploration Drilling Commences at Irvine and Tandarra
Aureka has kicked off 2025 with exploration drilling at the Irvine Project in the Stawell Corridor and expects to start at the Tandarra Gold Project in the Bendigo zone soon. The company's Managing Director, James Gurry, expressed enthusiasm for the 7,000-meter drilling program targeting resource growth and project confidence. At Irvine, drilling aims to extend the Resolution Shoot down plunge with a 10-week program starting at 36.0 meters. Plans are in place to maintain continuous drilling at various projects throughout 2025.
The Irvine Project in the Stawell zone focuses on the Resolution Lode, with significant potential to expand the existing mineral resource of 304 koz gold. Ongoing exploration targets include upgrading the underground resource, infill drilling, and identifying additional gold occurrences along basalt domes. Additionally, the Tandarra Gold Project near Bendigo is set to undergo diamond drilling following successful programs in 2024.
As Aureka progresses with exploration activities, investors can expect regular updates on project advancements. This latest announcement marks the company's commitment to uncovering more of Victoria's high-grade gold and collaborating with stakeholders for project development. Interested parties are encouraged to reach out for further information and engage in discussions about Aureka's promising projects.
This summary was generated by AI. We recommend reading the announcement in full before making an investment decision.
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