SQX Resources (ASX:SQX) has launched its maiden 2,500-meter reverse circulation drilling program at the Red Bird Gold Project.
Midnight Sun Drilling has mobilised a specialised, track-mounted "Grasshopper" rig to the site, following the completion of essential earthworks and road access.
The campaign represents a pivotal milestone for the company as it seeks to validate and expand upon high-priority targets, including high-grade structures that have previously returned surface assays as high as 49.2 g/t Au.
The drilling strategy is multi-faceted, focusing on the Red Bird Main Zone to confirm bulk mineralisation potential while testing for down-dip and strike extensions that remain open.
The program also includes exploratory holes at the Cave Tunnel area and Red Bird North, a fault-offset zone of significant alteration.
Executive Chairman Patric Glovac noted that this program marks the transition into a period of high news-flow for the company, with the ultimate goal of defining a maiden JORC-compliant resource.
Drilling is expected to conclude by late February, with the first batch of laboratory assays anticipated within four to six weeks.
At the time of reporting, SQX Resources' share price was $0.18.