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Strata Minerals Unveils Promising Maiden Drilling at Penny South, Secures $200k Government Grant

6:14am on Monday 2nd of June, 2025 AEST Mining
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Strata Minerals Unveils Promising Maiden Drilling at Penny South, Secures $200k Government Grant

6:14am on Monday 2nd of June, 2025 AEST
Key Points
  • Maiden 12-hole RC drilling program completed at Penny South
  • Key mineralised structures extended from Penny West and Penny North deposits
  • Best intercepts: 1m at 1.65g/t Au (Target 1) and 4m at 2.02g/t Au (Target 3)
  • Successful government Exploration Incentive Scheme grant awarded for deep diamond drilling
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