Independence Group update on West Kimberley and Fraser Range exploration

Company News

by Anna Napoli

Independence Group (ASX:IGO) together with Buxton Resources Limited (ASX:BUX) has announced that major work programs are set to commence at several highly prospective Ni-Cu-Co sulphide exploration projects in Western Australia.

Buxton says, the strategic alliance between Independence Group and Buxton will allow for significant exploration to occur at all Projects, maximising the chance of exploration success.

A significant exploration program at the Merlin site this field season is being finalised to conduct a number of tests, including depth extensions to the intrusive complex and possible structurally hosted zones of mineralisation.

Meantime, the joint venture  will allow for significantly increased Ni-Cu sulphide exploration in the underexplored King Leopold Orogen site. Buxton says a highly experienced team has been established and work has commenced.

Shares in Independence Group (ASX:IGO) are trading 0.63 per cent lower to $4.73.

Anna Napoli

Finance News Network
Anna joined FNN February 2018 and also works with Channel 7 as a freelance producer. Anna has also worked as a lawyer and lecturer. She has also presented news updates for interstate news with Southern Cross Austereo.