Martello update - Sakoose Drill Permit Received
Richmond Hill Resources Plc has received its drilling permit for the Martello Project from the Ontario Ministry of Energy and Mines, authorizing mechanized core drilling until July 20, 2029. The company will work with Critical Discoveries to refine drill hole locations based on ongoing data analysis and geological findings, aiming to advance exploration at their priority target in Sakoose.
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Sakoose Drill Permit Received
Richmond Hill Resources plc is pleased to announce that the drilling permit for the Martello Project has been approved and issued by the Ontario Ministry of Energy and Mines. The permit authorises mechanised core drilling and is valid until 20 July 2029. Appendix 1 further below shows the location of the approved drill pads.
The proposed drill hole locations may be refined after further analysis of the current exploration data and/or as the drill program advances, depending on geological observations and findings during the program.
Pending receipt of assay results from the recent field program, Critical Discoveries will update the current model with the field data collected to confirm whether the existing drill plan remains the best option.
Hamish Harris, Chief Executive Officer, commented:
"It's pleasing to get the drill permit obtained in a timely fashion.
We look forward to working with Critical Discoveries to support the next phase of drill targeting at our priority target in Sakoose."
The Directors of the Company are responsible for the release of this announcement.
| Richmond Hill Resources Hamish Harris | Tel: +44 (0) 203 582 6636 |
| Cairn Financial Advisers LLP (Nominated Adviser) Ludovico Lazzaretti / James Western | Tel: +44 (0)20 7213 0880 |
| Clear Capital Limited (Broker) Bob Roberts | Tel: +44 (0) 20 3869 6080 |
Appendix
1.
Approved drill pads
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.