G11 Resources (ASX:G11) commenced its maiden drilling program at the Zig Zag Cu-Au prospect within the 100% owned Sedgwick Project.
Located in the heart of the world-class Mt Read Volcanic Belt, the site sits adjacent to the renowned Mt Lyell mine, approximately 800m along strike from established orebodies owned by Sibanye Stillwater.
Following the receipt of final approvals from Mineral Resources Tasmania in January and the completion of site preparations, a diamond drill rig is now operational on-site.
The primary objective of this initial phase is a 2400-meter drilling campaign designed to test a high-priority CSAMT (controlled-source audio-frequency magnetotellurics) anomaly.
The anomaly is situated beneath the Zig Zag hill, adjacent to a major fold in the Great Lyell fault—a geological setting considered ideal for fluid flow and mineral deposition.
Given the technical complexity of drilling beneath the hill, G11 has engaged specialised contractors capable of directional drilling from two strategically placed pads at the base of the incline.
To further bolster their exploration efforts, the company has contracted experts to conduct downhole electromagnetics upon the completion of the first hole.
At the time of reporting, G11 Resources' share price was $0.36.