Mamba Exploration: Completes drilling program at Calyerup Creek gold project

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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.

Mamba Exploration Completes drilling program at Calyerup Creek gold project

  • Mamba Exploration (M24) has completed initial drilling of 56 shallow reverse circulation (RC) holes at its Calyerup Creek gold project in Western Australia
  • The program of works for the next phase of exploration has been approved, allowing for 110 holes of follow-up drilling to be undertaken within a four-year period
  • An activity notice has been sent to traditional land owners, with a heritage survey planned within the next eight weeks
  • The company expects to start follow-up drilling before winter
  • Shares were trading down 6.67 per cent at 14 cents
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