(via NewsDirect)
The program is poised to kick off with the mobilization of crews for the inaugural drill campaign at the 3,061-hectare
Currently, the Project is under an option agreement with ATCO Mining, which aims to earn a 75% interest in the project. Hillacre outlined that the 2024 drill program is designed to fulfill the first year of minimum exploration expenditures required by the Option agreement.
The company plans to drill 2,000 to 3,000 meters across 4 to 6 drill holes, with a focus on targeting high-grade unconformity-related uranium mineralization. One of the key areas of focus for the drill program will be target area A on the Project, where a significant density anomaly coincides with modeled electromagnetic conductors and interpreted faults.
Additionally, the program will include follow-up drilling on areas with highly anomalous uranium results and major structural intersections. Overall,
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