4,300m diamond drill program commences at Broken Hill
Stock | Red Hill Minerals Ltd (RHI.ASX) |
---|---|
Release Time | 8 Sep 2025, 8:23 a.m. |
Price Sensitive | Yes |
4,300m diamond drill program commences at Broken Hill
- 4,300-metre diamond drilling program targeting base metal and copper-gold mineralisation
- Six drillholes across four target areas to test Broken Hill Type, IOCG and stratabound polymetallic mineralisation
- Experienced drilling contractor secured, drilling underway at the Woolly target
Red Hill Minerals Limited (ASX: RHI) has announced the commencement of a 4,300-metre diamond drilling program at the Broken Hill Project in New South Wales. The Broken Hill region is considered highly prospective for a range of commodities including copper, gold, lead, zinc, silver, nickel, cobalt, molybdenum, uranium, and platinum group elements (PGEs). The drilling program will consist of six drillholes across four target areas, with each hole averaging over 700 metres in depth. The targets include the Woolly, K1, Dementus, and Immortan areas, which have been identified based on a comprehensive review of historical exploration data and the acquisition of new geophysical datasets. The Woolly target is located near previous base metal intercepts and is interpreted to have a thickening of a prospective Broken Hill Type (BHT) sequence. The K1 target is a hydrothermal magnetite body near the NSW-SA border, with the drilling aimed at testing a fault structure and the magnetite body. The Dementus target is within a potential graben structure, with previous drilling returning broad low-grade base metal mineralization, and the drilling will also test a coincident conductivity anomaly. The Immortan target is along the redox boundary, with a fault that may represent a reactivated fluid pathway. All diamond drillholes will be cased for downhole electromagnetic (DHEM) surveying, and the drilling is expected to be completed by early December.