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
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

NYSE Parent Invests $600M in Polymarket, Strengthening Market Position

This significant investment signals confidence in the future of predictive markets.Highlights: NYSE's parent company allocates $600M to Polymarket.Investment...

Nexi Expands SEPA Direct Debit with Danish Banks, Enhancing Payments Integration

Nexi's collaboration with Danish banks aims to strengthen payment services across Europe.Highlights: Nexi partners with several Danish banks...

Lloyds Confirms App Glitch Exposed Data of Almost Half a Million Customers

The significant data breach prompts concerns over customer privacy.Highlights: Lloyds Banking Group admits to a data breach affecting...

Mastercard Restricts Sale of Nets Payments Unit Purchased for $3.2 Billion

Mastercard looks to divest its Nets payments segment as part of strategic realignment.Highlights: Mastercard is seeking to sell...