Riversgold now ready to drill key lithium project
Melbourne, Victoria
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July 28, 2023 12:00 PM Eastern Daylight Time
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.
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