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MinRex: Receives drilling approvals for East Pilbara lithium-tin-tantalum projects

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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.

MinRex Receives drilling approvals for East Pilbara lithium-tin-tantalum projects

  • MinRex Resources (MRR) is set to kick off fresh exploration work in Western Australia after landing approvals for a maiden drilling program over its key assets in East Pilbara
  • The Department of Mines, Industry Regulation and Safety has approved a program of works for drilling over five project areas
  • The company has signed a 12-month drilling contract with Foraco Australia, which will mobilise a drill rig in late June, with a second one to follow in July
  • Over the next 12 months, the company is targeting 25,000 metres of drilling
  • MRR shares jumped 7.69 per cent on the market today, trading at 5.6 cents per share at 1:01 pm AEST
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