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MinRex Resources (ASX:$MRR) commences diamond drilling at Queenslander deposit

Overview of MinRex Resources' latest announcement


MinRex Resources Limited (ASX:$MRR) has announced the commencement of diamond drilling at the Queenslander Deposit (EL 7423) as part of the Sofala Gold Project in the East Lachlan Fold Belt, NSW. The initial program will consist of 4 diamond holes, each around 500m, to follow up on significant gold mineralisation intersected in previous drilling by the company in 2021.

Executive commentary on the exploration program


The staged diamond drilling program at the Queenslander deposit marks an important step in our exploration efforts. We are aiming to test the depth and strike extensions of the significant gold mineralisation previously identified. This program aligns with our commitment to advancing our projects and unlocking the potential of the Sofala Gold Project. We are optimistic about the prospects and look forward to the results of the drilling program. - Technical Director, MinRex Resources Limited

Summary of MinRex Resources' announcement


MinRex Resources (ASX:MRR) has initiated diamond drilling at the Queenslander Deposit, targeting the depth and strike extensions of significant gold mineralisation previously identified. The staged program, comprising 4 diamond holes for around 500m, is part of the company's commitment to advancing its exploration projects. Regulatory approval has been obtained for up to 8 diamond drill holes totaling 1,200 metres at the Queenslander deposit. The company remains optimistic about the potential of the Sofala Gold Project and looks forward to the outcomes of the exploration program.

Sourcehttps://announcements.asx.com.au/asxpdf/20231214/pdf/05ykqqrmgrnyqh.pdf

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