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Newcrest Mining Provides an Exploration Update

09 Dec 2021  |  08:39:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Newcrest Exploration Update

Newcrest Mining provided an exploration update. At Havieron, infill drilling within the South East Crescent Zone Inferred Mineral Resource extent was finalised during the period. Currently all drill rigs are focused on growth programs targeting the extensions of mineralisation outside of the initial Inferred Mineral Resource. The Brownfields Exploration program is focused on the discovery of additional zones of higher-grade mineralisation within the Red Chris porphyry corridor, including targets outside of its initial Mineral Resource estimate. During the period, there were up to eight diamond drill rigs in operation. A further 14,832m of drilling has been completed from 15 drill holes, with all drill holes intersecting mineralisation.

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