Si6 Metals (ASX:SI6) has concluded a 1,700-meter drilling initiative at the Fred's Well prospect, part of the Monument Gold Project in Western Australia's Laverton Gold District. The drill program comprised 22 aircore holes and 2 reverse circulation holes, with all samples sent to ALS laboratory for analysis. Results are anticipated by the end of the year.
Si6 Metals has completed a comprehensive drill program at the Fred's Well prospect, part of the Monument Gold Project in Western Australia. The project is strategically positioned in the Laverton Gold District, adjacent to Genesis Minerals' Mt Morgans Project, and covers a substantial 232 km² area. Historical data has already highlighted promising gold intercepts, supporting Fred's Well as a key prospect. The recent drilling aimed to infill test a significant portion of the mineralized strike and explore further extensions. With drill results expected by the year's end, the company is poised to potentially expand its existing resources and make new discoveries. Additionally, Si6 Metals holds interests in critical metals projects in Brazil and a base and precious metals project in Botswana, further diversifying its asset portfolio.
The Monument Gold Project is strategically located in a prolific gold-producing district, and the results from Fred's Well could significantly enhance our understanding of the area's mineralization potential.