Redhill Resources (CVE:RHR) announced Thursday that initial reverse circulation drilling, which had begin early May at its Gullewa copper-gold project in western Australia, has been completed.
The drilling program consisted of 40 holes on the property, for a total of 3,609 metres, and was intended to define near-surface extensions from Redhill's Deflector zone, a gold-copper deposit on the Gullewa property, which is located 450 kilometres north of Perth.
Australian exploration company Mutiny Gold conducted the reverse circulation drill campaign, after having received a 70% operating interest in the 550 square kilometre property last September. In exchange, Mutiny paid Redhill AUD $9million.
Redhill, whose stock on the TSX Venture Exchange was trading at $0.075 per share as of Thursday afternoon, also announced that Mutiny has begun a 17 hole drilling program at the Spanish Galleon prospect within the Gullewa tenements.
The new program will test the continuity of mineralization previously encountered when operations were completed by Redhill.
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