Prodigy Gold NL (AU:PRX) has released an update.
Prodigy Gold NL is set to commence a reverse circulation drilling program at the Hyperion Gold Deposit within the Tanami North project, aiming to expand upon the recently updated Mineral Resource estimate of 407,000 ounces of gold. The company has restored access tracks damaged by the wet season and is planning to drill 13 holes at Hyperion and 5 at the Brokenwood prospect, with the intention of re-drilling historical holes and moving inferred resources to the indicated category. Prodigy Gold’s collaboration with neighboring companies for sharing a drill rig is expected to cut down on mobilization costs.
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