Gascoyne Resources Limited (AU:SPR) has released an update.
Spartan Resources has awarded an $18.3 million contract to Barminco Limited for the development of an underground exploration drill drive at its Dalgaranga Gold Project, aimed at expanding and defining high-grade gold deposits. The initiative is set to commence construction within the current quarter with all necessary approvals and funding from the company’s cash reserves. The drill drive will not only facilitate more effective drilling but is also designed to be integrated into future mine production infrastructure.
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