Buxton Resources (ASX:BUX) has commenced drilling operations at the 100% owned Graphite Bull project in Western Australia.
“We've previously seen that the upper margins of the EM targets at Graphite Bull represent thick zones of high-grade graphite, so now we're very excited to see what lies in the heart of some of these plates,” CEO, Marty Moloney, said.
The initial diamond drilling programme aims to test the mineral system at depth where 2023 EM surveying and scout RC drilling indicates there is a significant opportunity to expand the current Resource.
The first of the two holes will test a position approximately 300 metres below of the existing drilling and down plunge from the outstanding intercept in hole GB001RC (33m @ 18.7% TGC from 11m, 20m @ 18.3% TGC from 170m).
The second hole (P2) is planned to test a similar depth around 600 m to the East and down plunge from 2023 RC holes GB003RC (18m @ 16.2% TGC from 145m) and GB004RC 5m @ 24.8% TGC from 20m, 5m @ 19.7% TGC from 34m and 32m @ 17.7% TGC from 49m.
Mr Moloney said the programme also provides a platform to establish operations and earthworks ahead of the major programme of RC + diamond resource extension and infill drilling which is scheduled to follow these initial deep diamond holes.
