Eagle Mountain Mining Limited is about to commence its planned exploration program at its 80 per cent owned Oracle Ridge Project near Tucson, Arizona.
An initial diamond drilling program for approximately 2,000 metres is expected to commence in the coming days, with the drilling contract awarded to international drilling company, Boart Longyear. The drill rig is currently undergoing regular servicing and is planned to mobilise to site in the next few days.
Site access, services and initial drill pads are in place for drilling.
The initial drilling program will target extensions to high-grade portions of the existing Mineral Resource Estimate (MRE) in three priority zones as shown in Figure 1.
Eagle Mountain Mining CEO Tim Mason said the start of drilling at Oracle Ridge is part of the company’s goal of expanding the existing high-grade resource to support a future mining operation.
“Oracle Ridge already has some impressive copper intercepts, but it also benefits from extensive local and regional infrastructure in a Tier 1 mining jurisdiction,” he said.
“The drilling targets are in zones prospective for high-grade copper mineralisation as extensions to the existing mineral resources. We look forward to updating the market as the results are received in the coming months.”