Caprice Resources (ASX:CRS) has announced reverse circulation drilling has commenced at the Lady Sampson prospect, located at the southern end of the Northampton Polymetallic Project in Western Australia.
Caprice Resources says the program consists of 10-12 holes, testing a north-south base metals anomaly with c.850m planned, and is the first drilling to test for base metals mineralisation in this area.
It also says the hole locations have been guided by historical costeaning, which identified copper and lead rich zones, and results from the drilling are expected in four to six weeks.
The company's share price is up 8% the past 5 days.