GRANT AWARDED FOR BENMARA BATTERY METALS PROJECT DRILLING PROGRAM
HIGHLIGHTS
- Resolution Minerals has been awarded $150,000 under the Geophysics and Drilling Collaborations program, funded by the Resourcing the Territory program.
- The grant will fund Stratigraphic Diamond Drilling at the Benmara Battery Metals Project in the Northern Territory.
- This funding complements the exploration funding that RML has secured via a Farm-in Agreement with OZ Minerals Limited (now BHP Limited) of up to $4m over five years.
- Drilling is being planned for the second half of 2023.
“The robust 3D targeting completed by our technical team in collaboration with OZ Minerals (now BHP) geologists provides a strong case for battery metal potential on the Benmara Project. Both teams are thrilled to have been awarded a grant for the Geophysics and Drilling Collaboration, which not only provides $150,000 funding towards the drilling but also validation from the Northern Territory Geological Survey for our technical approach.
- Christine Lawley, Exploration Manager, Resolution Minerals
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