Riversgold Ltd (ASX:RGL) CEO Julian Ford tells Proactive the program of works has now been approved for the company’s maiden drilling program on tenement E77/2784, which sits immediately adjacent to Covalent Lithium’s Mt Holland Lithium Project. He says gaining the approvals has taken much longer than originally expected but he’s pleased the company is now ready to drill one of its key projects.
“Getting the PoW finally approved plus all of the necessary access agreements put into place with DMIRS, the environmental agencies and the Covalent mine site has taken much longer than we originally anticipated, but I’m pleased to now report that we are ready to drill one of Riversgold’s key projects. I look forward to updating shareholders as we move forward,” Ford said.
RGL’s Mt Holland Lithium Project is located immediately east of Covalent Lithium’s Mt Holland Lithium Mine. A drilling contractor has been engaged for the initial RC program.
Contact Details
Proactive Investors
Jonathan Jackson
+61 413 713 744
jonathan@proactiveinvestors.com
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Riversgold Ltd is an Australia-based exploration company. The Company is focused on discovering and developing large lithium systems in the Pilbara and Yilgarn cratons of Western Australia. Its projects include Pilbara Lithium Projects, Southern Cross-Marvel Loch Lithium Project, Kurnalpi Region Projects and South Australian Projects. The Pilbara Lithium Projects include Tambourah Project, Wodgina East and Upper Five Mile Creek. The Kurnalpi Project comprises 10 exploration licenses and one application. It is located between 50 kilometers (km) and 120 km east to south-east of the regional mining center town of Kalgoorlie-Boulder in the Eastern Goldfields of Western Australia. The South Australian Projects include the Churchill Dam Iron-Oxide Copper-Gold Project, which is in the Gawler Craton, approximately 20 km west of Woomera and 90 km southwest of the giant Olympic Dam deposit in South Australia. The Upper Five Mile Creek Project is located over 20 km south-east of Nullagine.