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Oakajee’s Paynes Find Drilling Falls Short, Alluvial Cover Challenges Persist

6:43pm on Sunday 1st of June, 2025 AEST Mining
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Oakajee’s Paynes Find Drilling Falls Short, Alluvial Cover Challenges Persist

6:43pm on Sunday 1st of June, 2025 AEST
Key Points
  • Auger drilling conducted at Banks and Deep Well targets
  • Drill depths ranged from 0.5m to 2.5m targeting bedrock-alluvial interface
  • Gold and copper assay results were universally low and patchy
  • Insufficient penetration through alluvial cover likely compromised sample representivity
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