RNS OUT28 Jul 2021 08:42
2021 Drilling Programme
London, United Kingdom - Pembridge Resources plc (LSE: PERE) ("Pembridge" or the "Company") is pleased to give an update to Minto Exploration Ltd.'s ("Minto") exploration plans for 2021.
On 24 May 2021, Pembridge announced an exploration drilling program aiming to explore undeveloped parts of the licensed Minto Claims in and around the existing deposits and infrastructure that, based on past geophysical surveys and geochemistry, are highly prospective. The first drilling was started on July 20th as planned in the Minto North area. This is the first part of a planned 27-hole drill programme. A total of 13,220 metres of drilling is planned for 2021, and the final results from this programme are expected in early 2022.
Gati Al-Jebouri, Chief Executive Officer and Chairman of the Board of Pembridge said:
"This is an exciting time for the Minto mine as it restarts exploration on the Minto Claims especially when you consider no exploration drilling has been done on our property for almost a decade. We are optimistic that the results will show further scope to extend the life of the mine."