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HomeFinTechTaruga Minerals: Begins RAB drilling at Mt Craig

Taruga Minerals: Begins RAB drilling at Mt Craig

Taruga Minerals Begins RAB drilling at Mt Craig

  • Taruga Minerals (TAR) begins the next round of drilling at its Mt Craig project in South Australia
  • Rotary air blast drilling is being undertaken at Morgans Creek to test strike extensions of clay-hosted rare earth elements (REE) discovered at Hydrothermal Hill
  • Additionally, drilling is being completed at the newly defined Shute prospect, which sits within the Western Plains of the Mt Craig project
  • All drilling work is co-funded by the South Australian government’s Accelerated Discovery Initiative, under which TAR was awarded $650,000
  • TAR shares are up 11.5 per cent and are trading at 2.9 cents just before market close
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