Greentech Intl (00195.HK) announced that two open-pit diamond drilling machines are currently drilling for exploration targets at its Ringrose tin mining project. A total of ten ground diamond drilling holes with a total length of 2,800 meters are being implemented in the Ringrose mining area as part of the intensive filling project, which is expected to be completed before the third quarter of this year.
After these plans are completed, the company proposes a filling and extension drilling plan consisting of two parts, including a total of 15 ground diamond drilling holes with a length of 4,750 meters. Eleven holes (3,200 meters) in the plan will further fill and define the high-grade area along the Acacia Trend inside Ringrose, with a spacing of 40 meters. The four drill holes (1,550 meters) in the plan will test the northern extension of the Ringrose mineralization zone, which recently intersected with S1696 and is supported by simulated EM conductor plates.
The company stated that drilling is expected to begin in the third quarter of this year and use two open-pit diamond drilling machines until the second quarter of next year.