Data source: S&P Global Market Intelligence
3rd April 2018
The drilling program will comprise an initial 150 holes for about 15,000 meters of air core and reverse circulation drilling, focused on the Katamba pit, and will be followed up by 1,000 meters of diamond drilling.
The initial drilling at Kitotolo is expected to complete by the second half of the September 2018 quarter, the company said April 3.
Equity Drilling was also appointed on March 28 for a maiden 3,000-meter drilling program at the company’s Kanuka lithium production project.
Following completion of drilling at the Kanuka project, Equity Drilling will relocate the drill rig to start drilling at the Kitotolo project.
Meanwhile, the field camp construction activities at the Kanuka project are advancing to allow the geological team to conduct detailed mapping and regional geochemistry sampling programs.
Force Commodities recently entered a formal joint venture for the Kanuka project, which will be held 51% by the company and 49% by Kanuka Mining Co. SARL.
In mid-March, the company agreed to sell its Mount Adrah gold project in New South Wales, Australia, to focus on the Kitotolo and Kanuka projects.