Heavy Minerals: Posts “exceptional” maiden drill results from Red Hill, WA

Heavy Minerals Posts “exceptional” maiden drill results from Red Hill, WA

  • Heavy Minerals (HVY) records “exceptional” results from the first round of drilling at its Red Hill project in Western Australia
  • The top result from the company’s maiden 48-hole air core program was 43 metres grading 6.2 per cent total heavyminerals
  • Garnet percentages within heavy mineral fractions ranged between 65 and 80 per cent, similar to fractions observed at HVY’s Port Gregory project to the north
  • There was a delay in receiving these initial results due to the lab used upgrading its facilities, and the balance of the results is expected within the next few weeks
  • HVY shares are trading at 15 cents at 2:34 pm AEST
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.

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