BPM Minerals plans to kick off drilling at Claw gold project mid-year
BPM Minerals (ASX:BPM) is ramping up at its Claw gold project in WA, with environmental and heritage surveys scheduled for early Q2, with drilling on schedule to commence mid-year.
The company is planning an extensive, +10,000m Aircore (AC) drilling program at the project, which is directly along strike of Capricorn Metals (ASX:CMM) 2.76Moz Mt Gibson Gold Project
“The Claw Project represents a rare opportunity in Western Australia, ~33km of largely untested strike along a highly prospective shear zone that hosts a multi-million-ounce gold deposit,” BPM Minerals (ASX:BPM) said.
The company is currently progressing its way through the approval process with the relevant stake holders with Environmental Management Plans (EMP’s), Program of Works (PoW’s), environmental surveys and heritage surveys to be submitted/undertaken before drilling can commence.
The company is focused on two priority, drill ready, mineralised prospects, Chickie and Louie.
The prospects are located directly along strike of Mt Gibson with the Louie anomaly being on the tenement boundary, ~1km along strike from Capricorns conceptual open pit.
A 665-sample soil survey was recently completed in January with sampling focusing on several areas of interest identified from the interpretation of recently acquired, detailed magnetic imagery.
BPM expects that the assay results will be reported later in March 2023.
This article was developed in collaboration with BPM Minerals Limited, a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.