Golden Mile Resources has awarded a drilling contract to Alford Drilling for its inaugural reverse circulation program at the Pearl Copper Project in Arizona, targeting historically rich Odyssey and Ford prospects.
- Alford Drilling contracted for up to 2,000m reverse circulation drilling
- Maiden drilling program at Odyssey and Ford prospects, first ever at these targets
- Targets located near historical mine workings with significant past grades
- Permitting approvals nearing completion from BLM and Arizona State Land Department
- Drilling expected to commence imminently following permit receipt
Golden Mile Resources Commences Key Exploration Phase
Golden Mile Resources Limited (ASX: G88) has taken a significant step forward in its exploration strategy by awarding a drilling contract to Alford Drilling for its maiden reverse circulation (RC) drilling program at the Pearl Copper Project in Arizona, USA. This marks the first time Golden Mile will drill at the Odyssey and Ford prospects, both of which are anchored by historical mining activity dating back to the early 20th century.
The program is designed to deliver between 14 and 16 drill holes, totaling up to 2,000 metres. The focus is on testing mineralised structures that have shown promising grades in historical records, with the Odyssey target featuring polymetallic quartz veins and the Ford target situated beneath rehabilitated mine workings in a steep canyon environment.
Targeting High-Grade Mineralisation at Odyssey and Ford
The Odyssey prospect is characterised by an 800-metre zone of mineralised structures hosting multiple quartz veins with copper, silver, zinc, and lead mineralisation. The veins dip steeply westward, and the drilling will be conducted from eight pads with potential for deeper angled holes if significant mineralisation is encountered.
Meanwhile, the Ford prospect drilling will focus beneath the historical workings accessed by shafts and drives, targeting mineralisation down to approximately 60 metres vertical depth. This approach aims to unlock value from previously mined zones that remain underexplored at depth.
Permitting and Operational Readiness
Golden Mile has made substantial progress on the regulatory front, securing acceptance of its Notice of Intent with the federal Bureau of Land Management (BLM) and submitting a Geological Field Operations Plan to the Arizona State Land Department (ASLD). Environmental and cultural surveys have been completed to support these applications, with the final permits expected imminently.
Once permits are granted, site preparation will begin with a local earthmoving contractor, followed by mobilisation of Alford Drilling’s RC rig, which is ready to commence operations immediately. Alford Drilling, a reputable family-owned contractor based in Nevada, brings strong credentials and local expertise to the project.
Strategic Implications for Golden Mile Resources
This maiden drilling program represents a pivotal moment for Golden Mile Resources as it seeks to validate and expand on historical mineralisation at Pearl. Success here could significantly enhance the company’s asset base and support its multi-commodity growth strategy. The focus on copper and associated polymetallic mineralisation aligns well with current market demand for base metals critical to the energy transition.
Investors will be watching closely as drilling results emerge, potentially unlocking new resource opportunities in a historically productive mining district. The company’s methodical approach to permitting and contractor selection underscores its commitment to operational excellence and responsible exploration.
Bottom Line?
Golden Mile’s imminent drilling at Pearl could redefine its growth trajectory amid rising copper demand.
Questions in the middle?
- What initial assay results will reveal about the extent and grade of mineralisation at Odyssey and Ford?
- How quickly can Golden Mile convert drilling success into resource upgrades or development plans?
- What are the potential challenges or delays in final permit approvals that could impact the drilling timeline?