Mamba Exploration: Completes FLEM survey at Black Hills, WA

Mamba Exploration Completes FLEM survey at Black Hills, WA

  • Mamba Exploration (M24) completes a detailed fixed loop electromagnetic (FLEM) survey over a high-priority southern VTEM target at its Black Hills project in WA
  • The company is now modelling the data from the survey, with results expected in early January 2023
  • The survey has since been completed, with three detailed loops covering the conductors identified from an airborne EM survey
  • Diamond drilling will follow after modelling has been completed, scheduled to commence in mid to late January 2023
  • Shares in Mamba are trading at 14 cents at 1:35 pm AEDT
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

Crypto Network Mesh Hits Unicorn Status as Valuation Soars

The rapidly growing crypto network achieves a billion-dollar valuation milestone.Highlights: Crypto network Mesh achieved unicorn status after recent...

FCA Launches Pop-Up ATM to Warn Customers of Investment Scams

New initiative aims to educate the public on investment fraud risks. Highlights:FCA introduces a pop-up ATM to combat...

Lloyds Strengthens AI Strategy After Assessing Financial Value of Deployments

The bank plans to enhance its artificial intelligence capabilities further.Highlights: Lloyds assesses the financial value of its AI...

Santander Tightens Operations with Closure of 44 More Branches

The bank continues its restructuring as customer preferences shift to digital banking.Highlights: Santander is closing 44 more branches...