Mining

Regener8 Resources Begins Maiden Drilling at East Ponton

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Regener8 Resources (ASX:R8R) has commenced its maiden drilling program at the East Ponton Project.

The project marks an exciting milestone for the company, which has been preparing extensively since executing the option agreement over the initial tenements in 2023.

The drilling campaign will focus on testing the Hatlifter paleochannel-hosted nickel-cobalt (Ni-Co) target and the Grasshopper rare earth elements-niobium (REE-Nb) carbonatite prospect.

Scheduled to last for approximately two weeks, the program aims to complete 11 holes.

"We are excited to finally be on the ground at the East Ponton project for the maiden drilling program," stated Stephen Foley, Managing Director of Regener8.

"This is a culmination of substantial effort undertaken by our service providers, contractors and stakeholders. We look forward to seeing what the drill bit reveals," Foley added.

East Ponton is part of Regener8's broader exploration portfolio, which includes projects such as the North Achilles Project in New South Wales and the Kookynie Gold Project in Western Australia.

The initiatives highlight the company's focus on diverse and future-facing mineral resources.

Regener8 Resources is an ASX-listed company focused on future metals exploration in Western Australia. It operates in two segments: the Kookynie Gold Project and the East Ponton Future Metals Project. 

At the time of reporting, Regener8 Resources' share price was $0.16.

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