Boab Metals Ltd - Drilling Program Underway at Sorby Hill
Boab Metals Ltd (ASX:BML)

Drilling Program Underway at Sorby Hill

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Highlights

What's happened?

Pacifico Minerals Ltd (ASX:PMY, "Pacifico") has announced that drilling is now underway at its 75% owned Sorby Hills Lead-Silver-Zinc Project.

What are the key highlights?

  1. The current drilling program supports the advancement of the project toward a DFS while simultaneously exploring opportunities to expand the resource.
  2. A total of 68 drill holes have been planned for a 5,200m drilling program using a combination of mud-rotary collars and HQ3 diamond core.
  3. A first pass assessment of tenement E80-5317 is planned to include reconnaissance geological traverse mapping and a ground gravity survey over the northern half of the property.
  4. Approximately 50% of the planned drilling is assigned to metallurgical and geotechnical/sterilisation test work with the remaining 50% covering a number of activities including the targeting of near pit opportunities to expand shallow mineralisation.

For further information, please refer to the announcement below.

Managing Director's Summary

Simon Noon

"The Sorby Hills Project is the largest undeveloped, near-surface Lead-Silver-Zinc deposit in Australia and we are excited to be commencing directly to a DFS, supported by the current drilling program. Pacifico has a track record of increasing Resources, as demonstrated by our 2019-20 drilling programs which saw a significant increase to the Sorby Hills Mineral Resource Estimates that underpinned the recent Sorby Hills PFS. In addition, we are excited about the opportunity presented by the exploration of tenement E80-5317 at Eight Mile Creek. With drilling now having commenced, we look forward to updating the market with our progress and success with expanding Pacifico’s Resources."

Simon Noon
Managing Director, Boab Metals Ltd
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