Valterra Resource Corporation (VQA.V) reported that a diamond drill rig has been mobilized onsite and commenced coring at the +160 sq. km. Bobcaygeon Graphite Project in southern Ontario.
The company is utilizing a portable 'Prospector 89' drill rig which is capable of drilling several near-surface targets recently identified by trenching, mapping and geophysical surveys.
The primary focus is to test proximal zones to the Discovery Zone trench which has returned excellent metallurgical, analytical and geophysical results.
The drill program is intended as a lead up to a more extensive drilling campaign which is currently being planned to systematically test the large geophysical target area, and other key anomalies and showings identified within the large property package.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
