Drilling has commenced on GCR’s Gawler Craton IOCG Targets
near Coober Pedy in South Australia
A multi-purpose rig from Adelaide-based Coughlan Drilling commenced drilling in the northern Oolgelima Hill EL4427, north east of Coober Pedy on May 25.
A six hole, 2500 metre program has been planned to test three of the six initial targets within the Oolgelima EL (granted in three parts – see Figure 1.) The targets are Algebullcullia, Mount Euee and SR11. Readers are referred to GCR’s ASX announcement of 21 January 2013 for more details.