GCX Metals brings forward Dante drilling blitz to early March
Special Report: GCX Metals’ maiden drill program at the Dante project has been brought forward and expanded following the confirmation of several additional drill targets.
GCX Metals (ASX:GCX) acquired the flagship Dante project in WA’s 140,000km2 West Musgrave region in 2023 and has been working hard at proving the resource base with rock chip assays recently uncovering up to 2.87g/t PGEs and 1.912% copper.
The project is surrounded by mining majors including BHP’s (ASX:BHP) 390Mt Nebo-Babel project currently under construction and the likes of Rio Tinto (ASX:RIO), Caspin Resources (ASX:CPN) and Redstone Resources (ASX:RDS) exploring tenure in the province.
The West Musgrave is quickly emerging as a potentially prolific copper-nickel-PGE district, with an airstrip, processing facilities and extra infrastructure currently being built to service the remote region.
GCX is putting its foot on the exploration pedal at Dante with Phase 1 drilling now expanded from 4,000m to 7,000m over shallow and outcropping copper, gold, and PGE targets over more than 17km strike.
The targets include Cronus (copper-gold), Crius (PGE-gold-copper), Hyperion (PGE-gold-copper), and Oceanus (PGE-gold-copper).
Mobilisation and camp setup is underway, with drilling expected to commence in early March 2024.
GCX managing director and CEO Thomas line says the company is excited to be able to bring the maiden drilling program forward.
“The detailed target prioritisation process has confirmed several additional drill targets, allowing us to confidently expand the drilling program,” he says.
“This will be the first time the district-scale targets have been systematically drill tested at the Dante Project.”
This article was developed in collaboration with GCX Metals, 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.