Woomera Mining launches major drilling campaign at Bronze Fox Copper/Gold Project

Woomera Mining (ASX:WML) will begin a significant drilling campaign at its Bronze Fox Copper/Gold Project situated in the Mongolian Copper Belt.

This drilling program, set to start in October, will target a minimum of 2,000m to further evaluate the high-grade zone near hole F62 and conduct shallow infill and extension drilling to augment the resource base.

The drilling permits have been acquired from the Manlai and Mandakh districts in the Southern Gobi region.

The campaign aims to validate the higher-grade structural zone near historic hole F62, which revealed 929m at 0.37% CuEq.

The program seeks to increase resource tonnage and facilitate the transition of the existing exploration licence to a mining licence.

Woomera Mining has also finalised the earn-in agreement with Kincora Copper (ASX:KCC).

The agreement enables Woomera to secure an 80% interest in the project by investing US$4 million ($5.8 million), with an option to attain 100% ownership.

Litho has been appointed as the diamond drill contractor for the program, projected to run between 2,250m and 3,250m.

"The commencement of the drill program marks the start of an exciting transformative period for Woomera progressing the Bronze Fox Copper/Gold Project in one of the world’s most prospective copper belts. Drill rigs are to be mobilised this coming week and we look forward to reporting the results in the next months," said Ralf Kriege, Managing Director of Woomera Mining.

The Bronze Fox Project spans 175km2 and resides in close proximity to renowned mineral deposits such as Oyu Tolgoi, Kharmagtai, Tsagaan Suvarga, and Tavan Tolgoi.

At the time of reporting, Woomera Mining's share price was $0.002.