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Mamba Exploration: Completes FLEM survey at Black Hills, 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.

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
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