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S2 Resources: Sets up for fresh round of drilling at Polar Bear, WA

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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.

S2 Resources Sets up for fresh round of drilling at Polar Bear, WA

  • S2 Resources (S2R) is poised for a fresh round of drilling at its Polar Bear project in Western Australia
  • Diamond drilling is set to begin in the next few days on Lake Cowan, a large salt lake, to test electromagnetic conductors identified in a survey undertaken in July
  • S2R will also test repetitions and extensions of nickel sulphide mineralisation identified along a trend that hosts the Halls Knoll, Taipan and Gwardar nickel prospects
  • The company expects this round of drilling to run through to early next year
  • Shares in S2R are up 3.2 per cent trading at 16 cents at 2:41 pm AEDT
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