Pinnacle Minerals: Completes auger drilling at Bobalong

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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.

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
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