Metal Bank: Completes phase one drilling at Livingstone

Metal Bank Completes phase one drilling at Livingstone

  • Metal Bank (MBK) completes phase one drilling at the Livingstone gold project in WA
  • A total of 3000 metres of reverse circulation and aircore drilling was undertaken at the Kingsley and Homestead deposits to extend and upgrade the mineral resources at both
  • Drilling at Kingsley encountered visible sulphides and samples are currently being processed in Perth with results expected in eight to 10 weeks
  • The company also completed RC drilling at the Millennium project in preparation for future diamond drilling programs
  • MetalBank has ended the day down 18.2 per cent with shares closing at 0.5 cents
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Visa and Ramp Boost Bill Pay Automation with Agentic AI

New integration aims to streamline corporate expense management processes.Highlights: Visa and Ramp announce partnership to automate corporate bill...

TikTok Seeks Financial Services Licenses in Brazil, Expanding Digital Reach

The platform aims to tap into Brazil's growing fintech market.Highlights: TikTok is applying for financial services licenses in...

CaixaBank Strengthens Crypto Investment Services for Clients

The bank expands its offerings to include digital asset investments.Highlights: CaixaBank introduces cryptocurrency investment services to its clients.Clients...

Monzo Shuts Down US Business to Focus on European Expansion

The UK-based fintech firm redirects efforts towards Europe amid challenges.Highlights: Monzo announces the closure of its US business.The...