Prodigy Gold NL (ASX: PRX) has revealed impressive outcomes from its recent Reverse Circulation (RC) drilling at the Hyperion Gold Deposit in Northern Territory. The drilling program, concluded in September 2024, uncovered notable gold intercepts, suggesting higher-than-expected grades in the updated Hyperion Mineral Resource.
Prodigy Gold's latest announcement highlights outstanding results from their RC drilling at the Hyperion Gold Deposit, part of the Tanami North Project. The drilling program returned significant gold intercepts, indicating higher grades than previously estimated. These results will aid in upgrading the mineral resource estimate and directing future exploration activities. Strategically positioned between existing gold deposits, Hyperion remains a pivotal project for Prodigy Gold, with plans for further drilling and metallurgical testing in 2025. The company remains dedicated to expanding its resource inventory and optimizing its exploration portfolio through continued exploration and development.
The results align with the company's strategy to expand its Mineral Resource inventory through organic growth, particularly focusing on the Tanami North project area.