Buru Energy Limited (AU:BRU) has released an update.
Sipa Resources Limited, in a joint venture with Buru Energy Limited, has completed a significant ground gravity survey at the Barbwire Terrace Project, revealing a notable gravity anomaly and structural complexity. These findings are seen as positive indicators for potential zinc-lead-silver mineralization, similar to nearby Lennard Shelf deposits. The successful survey, which was partly funded by an EIS co-funding award, will inform the targeting of diamond drilling operations planned for 2025.
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