Buxton Resources Limited (AU:BUX) has released an update.
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Buxton Resources Limited has reported substantial progress in its drilling program at the Graphite Bull and Narryer Projects, with the aim of supporting a significant Mineral Resource Estimate by Q4 2024. The company completed over 1,200 meters of diamond drilling and has an ongoing reverse circulation drilling effort that has already intersected promising graphite mineralization. These developments mark a stride toward resource classification upgrade and underscore the potential for thicker mineralization in the new drilling areas.
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