The phase-3 underground drilling campaign of up to 1,000m is now underway at Variscan’s San Jose mine in northern Spain, testing in-mine zones identified from the recent 3D model of mineralisation.

Variscan Mines (ASX:VAR) is basing this phase-3 underground drilling program on finding from successful previous drilling campaigns, as well as the collation of a substantial historical dataset and subsequent 3D modelling.

The program aims to test and expand known zinc mineralised zones and prospective zinc-rich lenses that have been identified in earlier drilling and exploration work, which are spread out along an in-mine strike length of over 2km.

VAR says drilling will be conducted by utilising a portable drill, owned, and operated by Variscan, which confers cost-effectiveness, efficiency and flexibility.

Exploration upside

“Our drilling and modelling has indicated significant exploration upside both on surface and underground,” VAR’s MD and CEO Stewart Dickson says.

“This underground in-fill drilling, off the back of recently reported successful step-out drilling, will address strategic spatial gaps which could yield further tonnage.”

Upcoming work plans

Variscan is now progressing various activities, all of which are focused on the San Jose mine such as the delivery of approvals for further surface drilling and the reporting of phase 3 results once received.

Next steps will be solely focused on the delivery of a MORC mineral resource estimate and associated environmental, social and governance (ESG) initiatives.



This article was developed in collaboration with Variscan Mines, 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.