- Adyton Resources has mobilized a drilling rig at the company’s Wapolu Gold Project
- The project is located approximately north-west of its Gameta Gold Project on Fergusson Island in Papua New Guinea’s Rim of Fire
- A diamond drill rig has been deployed for a short infill program at the Wapolu project to confirm certain historical reverse circulation drilling results and obtain samples for metallurgical test work
- The initial diamond drilling program at Wapolu is designed to provide detailed information on the mineralized zones by diamond coring in two selected areas and obtaining samples for testing
- Adyton Resources is flat, trading at C$0.14 at 10:20 am ET
Adyton Resources (ADY) has mobilized a drilling rig at the company’s Wapolu Gold Project.
The Vancouver-based company’s project is located approximately 30 kilometres north-west of its 100-per-cent owned Gameta Gold Project on Fergusson Island in Papua New Guinea’s Rim of Fire.
The completion of the initial Gameta drill program is seven weeks ahead of schedule, freeing up a diamond drill rig to be deployed for a short infill program at the Wapolu project to confirm certain historical reverse circulation drilling results and to obtain samples for a metallurgical test work program.
“We continue to expand and accelerate our drilling programs as we rapidly advance our understanding of the geology of the Fergusson Island and Feni Island projects. In addition, trenching and reconnaissance programs are underway to assist with the identification of drill targets for the next phase of exploration drill programs to be undertaken following the Resource Update planned for Q3 2021,” said Adyton Chairman, President and Chief Executive Officer Frank Terranova.
A small trial mine was conducted at Wapolu in the mid 1990’s, and in the early 2000’s a limited metallurgical test-work program and technical study were carried out. Since that time very little activity has been carried out.
The initial diamond drilling program at the Wapolu Project is designed to provide detailed information on the mineralized zones by diamond coring in two selected areas and so obtaining samples for metallurgical testing and to confirm previous historical intersections. A limited coring program is proposed in this initial phase of 400 to 500 metres.
Adyton Resources is flat, trading at C$0.14 at 10:20 am ET.
