Australian based mineral exploration company Winmar Resources has been given the nod to begin preparations for its proposed initial drilling programme at the Lomero gold-silver-copper-zinc deposit in southern Spain.
The junior miner, who has entered into a Farm In & Joint Venture arrangement with Kimberley Diamonds to earn up to 70% interest in project, said the Government resolution cleared the way for the preparation of site access and mobilisation of the drilling equipment to the Lomero mine property.
“As announced previously, Winmar has brought forward its drilling on the Lomero property, initially planned for Year 2, into its revised Year 1 programme following its successful acquisition last year of previous drill datasets,” the company said in a statement.
“Winmar’s initial drill program at Lomero will target four positions peripheral to the high grade eastern lobe within the deposit. In addition, it will seek to obtain fresh samples of mineralisation for metallurgical test-work and input into an intended scoping study.”
Managing Director Rod Sainty said further updates will follow as events unfold.