Pinnacle Minerals: Completes auger drilling at Bobalong

Pinnacle Minerals Completes auger drilling at Bobalong

  • Pinnacle Minerals (PIM) completes auger drilling at the Bobalong Kaolin Project in the Great Southern region of Western Australia
  • Drilling focused on resource definition at the Bills Middle target where previous drilling delivered excellent results, indicating the potential for high-value direct shipping ore
  • A total of 41 auger holes were drilled to gain a deeper understanding of the depth of the weathering, basement granite composition and location of mafic intrusive rocks
  • This will enable Pinnacle to predict where the concentration of higher quality kaolin is located within the Bobalong Project
  • Pinnacle ends the day in the grey with shares trading at 20 cents
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

Experian Launches Credit Score App in ChatGPT, Enhancing Financial Access

New tool enables users to check credit scores effortlessly via ChatGPT.Highlights: Experian's app allows users to check credit...

US Senate Passes Bill Banning Issuance of CBDCs

Legislation aims to restrict the development of digital currencies by the Federal Reserve.Highlights: The US Senate approved a...

Truist Expands Open Banking Offerings with Plaid Partnership

Collaboration aims to enhance customer access to financial services.Highlights: Truist collaborates with Plaid for open banking expansion.The partnership...

UK’s National Fraud Database Reports 444,000 Fraud Cases in 2025

Cifas reveals a significant rise in reported fraud incidents across the UK.Highlights: Cifas reported 444,000 fraud cases in...