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IN BRIEF: Fireing Strategic successfully starts phase 2 auger drilling

11th Jul 2023 11:10

Firering Strategic Minerals PLC - operator of Atex dual lithium-tantalum project in the Ivory Coast - Says it has successfully commenced the phase 2 auger drilling campaign at its flagship Atex Lithium-Tantalum project, which it began on June 26. The phase II campaign is undertaken in conjunction with Ricca Resources Ltd, following its USD18.6 million investment to advance Atex to a definitive feasibility study in November 2022.

Chief Executive Yuval Cohen says: "I am excited to announce that, together with Ricca, we have now commenced our phase II auger drilling program, which is progressing very well. A total of 300 holes were drilled as of 8 July 2023 for a total of 1,341 metres of drilling, resulting in an average hole depth of 4.48 metres."

Current trading price: 6.43 pence, up 1.3% in London

12-month change: up 0.47%

By Will Neill, Alliance News reporter

Comments and questions to [email protected]

Copyright 2023 Alliance News Ltd. All Rights Reserved


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