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Oakajee’s Paynes Find Drilling Falls Short, Alluvial Cover Challenges Persist
6:19pm on Thursday 30th of January, 2025 AEDT
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Mining
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Oakajee’s Paynes Find Drilling Falls Short, Alluvial Cover Challenges Persist
6:19pm on Thursday 30th of January, 2025 AEDT
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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