Octava Minerals activities for the quarter ending 31 March 2024

Octava Minerals Limited (ASX: $OCT) is pleased to report its activities for the quarter ending 31 March 2024. The company completed its maiden drilling program at the Yallalong Ni-Cu-Co project in the Gascoyne of WA and progressed work on the newly acquired Byro REE & Li project. The company's exploration projects are located in Western Australia and include the Talga tenement package in the East Pilbara region, the Yallalong Project in the Midwest region, and the Byro Project in the Gascoyne region. The East Kimberley Project is subject to a JV Farm-in with Future Metals NL (ASX: $FME).

Managing Director's commentary on exploration activities

Octava was pleased to have completed its maiden drilling program at the Yallalong Ni-Cu-Co project in the Gascoyne of WA. This program was aimed at testing the first of a number of anomalous soil targets identified in a work collaboration with the CSIRO. Samples from the program have been submitted for assay, and we look forward to receiving the results of this drilling. We also progressed work on our newly acquired Byro REE & Li project, which we would like to drill in the next quarter.

Summary of Octava Minerals' activities and outlook

Octava Minerals completed a successful maiden drilling program at the Yallalong Ni-Cu-Co project and progressed work on the Byro REE & Li project. The company's upcoming work programs will focus on the Byro REE & Li Project in the Gascoyne region and the Talga lithium & gold project in the Pilbara. The company plans to undertake various activities in Q2 of 2024, including site visits, diamond drilling programs, and exploration activities for lithium and gold. Octava Minerals remains optimistic about the potential of its projects and is looking forward to the results of the drilling program at Yallalong and the upcoming exploration activities at Talga and Byro.