Buxton Resources Initiates Drilling at Centurion IOCG Project

The latest announcement is out from Buxton Resources Limited ( (AU:BUX) ).

Buxton Resources Ltd has announced the commencement of its maiden drilling program at the Centurion IOCG Project in the West Arunta region of Western Australia. The company has secured major contracts with JB Contracting for earthworks and DDH1 Drilling for drilling services, with operations set to begin in June 2025. This strategic initiative aims to explore a significant geophysical anomaly, characteristic of major IOCG systems, with cost efficiencies supported by local expertise and government co-funding. The project represents a critical step in unlocking the potential of the region, potentially impacting the company’s market positioning and offering new opportunities for stakeholders.

More about Buxton Resources Limited

Buxton Resources Ltd is a company operating in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily engaged in targeting Iron-Oxide Copper-Gold (IOCG) deposits, with a particular emphasis on the underexplored regions of Western Australia.

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Technical Sentiment Signal: Sell

Current Market Cap: A$9.34M

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