Prodigy Gold restarts exploration following Northern Territory wet season

Prodigy Gold (ASXPRX) has restarted operations at the Tanami North project following the end of the Northern Territory wet season.

Work is co-funded under the Northern Territory Government’s round 15 resourcing the Territory grant.

Drilling is now underway at the Boco North prospect with 20 reverse circulation holes designed to test a geophysical target below an unmineralised cover sequence.

Work will aim to open up an unexplored greenfields area along the significantly mineralised Suplejack shear zone (SSZ).

Due to the presence of an overlying unmineralised cover, Boco North has not been effectively drill tested and is a geochemically blind target.

Managing director Mark Edwards said the company is excited to begin drilling at Tanami North,

“Prodigy Gold is excited to start the drilling campaign at the Tanami North project area after the delays of the last wet season limited our ability to get to site,” he said.

“Now the rig is on site and drilling, we expect to keep it busy in the area for the next few months.”

Once drilling wraps up at Boco North, the drill rig will move to the Tregony deposit to test down dip and down plunge of the current mineral resource.

Some holes will also be drilled to tighten the drill spacing and add confidence in the current mineral resource and confirm the existing geological model.

When drilling is finished at Tregony, the rig will move to the Hyperion deposit to test the higher-grade mineralisation zones.

Drilling will also provide samples that can be used for the initial phase of benchscale metallurgical testwork to confirm the deposit’s suitability to be processed in a carbon-in-leach processing facility.