AusQuest commence major drilling program at Balladonia

AusQuest (ASX: AQD) has announced the commencement of its drilling program at the Balladonia project located in the Fraser region of WA. The program targets a range of metals including copper, lead, zinc and silver.

The drilling program is expected to take six weeks to complete. Initial assays are expected from late May to early June this year.

AusQuest’s managing director Graeme Drew says the company is very pleased to be drilling again at Balladonia now that they have successfully defined some promising large-scale base metal targets.

“Geological comparisons that have been made with productive base metal regions like Northwest Queensland and Broken Hill will be tested by this upcoming drill program, which could provide an exciting new development for the company,” said Mr. Drew.

“Exploration at Balladonia has always given us encouragement that a new base metal discovery could be made in this area.

“We look forward to advancing this next exciting phase of exploration and reporting the results when they come to hand.”

The drill program will provide systematic coverage of the Tea Tree prospect where Broken Hill Type (BHT) stratigraphy and alteration has been identified by earlier diamond drilling.