Castillo Copper has begun drilling at it’s Arya copper prospect located in Mount Isa, Queensland, Australia.
There was a significant effort to ensure the drilling campaign commenced after the rig and other equipment has to be airlifted to the site.
The drill campaign is targeted three zones first identified by BHP in the mid-1990s and will drill five holes in the initial ‘proof of concept’ tests.
Castillo Copper shares rose 1.1% following the announcement.
Simon Paull, Managing Director of Castillo Copper, commented:
“We are delighted to have commenced drilling at our Arya prospect. Of the 22 targets that we have across the tenure in the Mt Isa region, the Arya Copper Prospect has generated the most intrigue and interest among stakeholders. The geochemistry and geophysical evidence have all provided compelling evidence the three targets are potentially among the best within our tenure. As such, the Board optimistically looks forward to the initial observations as the campaign progresses.”