Commencement of Drilling at Kathleen Valley

RNS Number : 7552B
Mila Resources PLC
15 February 2022
 

Mila Resources Plc / Index: LSE / Epic: MILA / Sector: Natural Resources

15 February 2022

Mila Resources Plc

('Mila' or the 'Company') 

Commencement of Drilling at Kathleen Valley

 

Mila Resources, the post-discovery gold exploration accelerator, is pleased to announce that drilling has commenced at the Kathleen Valley Gold Project in Western Australia ('Kathleen Valley' or the 'Project').

 

Initial drilling has confirmed consistent, high-grade mineralisation (including a 10m wide zone of mineralisation with multiple +10g/t Au & Ag grades at the Coffey deposit) and Mila is now focussed on expanding this to define  a sizeable gold-silver resource.  Further details on the drill programme can be found in the announcement released 7 February 2022. Images from site will continue to be posted on the Company's social media channels.

 

Mark Stephenson, Executive Chairman of Mila commented: "We are delighted to confirm that drilling has officially recommenced at Kathleen Valley.  Having successfully mobilised on site we look forward to defining further ounces and unlocking the project's significant resource potential in this world-class gold province.   We look forward to sharing photos of our progress with you on social media."

 

**ENDS**

 

For more information visit www.milaresources.com or contact:

 

Mark Stephenson

Mila Resources Plc

 

info@milaresources.com

Jonathan Evans

Tavira Securities Limited

 

+44 (0) 20 7100 5100

Nick Emerson

SI Capital

 

+44 (0) 20 3143 0600

Susie Geliher / Charlotte Page

St Brides Partners Limited

+44 (0) 20 7236 1177

 

 

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