Octava Minerals completes drilling

Octava Minerals (ASX:OCT) has successfully completed the first stage of drilling at the Yallalong Antimony Project in Western Australia. The drilling included 41 reverse circulation drill holes, spanning 2,748 meters. This effort aimed to explore the antimony mineralization at the Discovery and Central targets. Assay results are anticipated by late January 2025.

Comprehensive overview and future plans

Octava Minerals has wrapped up the initial drilling phase at the Yallalong Project, marking a significant step in their exploration efforts. The project, located 220km northeast of Geraldton, covers a 10km corridor known for antimony mineralization. With 41 drill holes completed, visual signs of antimony have been noted, and laboratory results are expected in January 2025. The company plans further drilling to explore high-priority targets along the corridor, identified by a recent geophysical survey. Octava Minerals aims to enhance its understanding of potential continuous antimony systems in the area. As part of its broader strategy, the company focuses on new energy metals, including antimony, rare earth elements, lithium, and gold, across four projects in Western Australia. Looking ahead to 2025, Octava prepares for assay results, heritage approvals, and additional exploration activities.

Executive insights on drilling completion

The completion of this first stage of drilling at Yallalong provides us with valuable data on the antimony mineralization present. We are eagerly awaiting the assay results, which will guide our next steps in further exploring this promising corridor,' stated the executive commentary.