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colitco · 1 month ago
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Watch Ian Talk About MinRex’s Latest Drilling Campaign at Fraser Range
MinRex Resources has officially kicked off its reverse circulation (RC) drilling program at the Fraser Range Copper-Gold Project in Western Australia—testing multiple high-priority IOCG and BHT targets in a world-class mineral belt.
In this video, Technical Director Ian Shackleton shares exclusive insights on the commencement of drilling, what’s being targeted, and why this campaign could mark a turning point for MinRex.
May 2025 Drilling Update – Fraser Range Highlights:
⛏️ Drilling Commenced: 2,000m RC program across five priority targets 🤝 Strategic Partnership: $500K in funding with JV partner West Cobar Metals (ASX: WC1) 📍 Tier-1 Location: Geological setting shared with Nova-Bollinger nickel-copper deposit ⏱️ Fast Turnaround: 3–4 week drilling window, with assays expected shortly thereafter
Why It Matters:
Proven Potential: Fraser Range continues to yield major mineral discoveries
Multi-Target Strategy: Both copper and gold systems being drilled
Strong JV Support: Technical and financial alignment with West Cobar
Ian Shackleton:
"An exciting time as we test multiple high-quality targets in this prospective terrain. We're looking forward to what these results could reveal."
Investor Snapshot:
ASX: MRR | Share Price: $0.008 | Market Cap: $9.22M
With drilling now underway, MinRex (MRR) is entering a high-impact phase of exploration. Early-stage success could unlock significant value and place MinRex on the map as a copper-gold discovery story to watch.
Investor Outlook:
Trading at just $0.008, MinRex offers high-upside potential with strong JV backing, drill-ready targets, and near-term newsflow from a proven exploration region.
🔗 Learn More - https://colitco.com/minrex-resources-drilling-at-fraser-range/
🔗 Watch Now - https://youtu.be/F9W0mlaxgOA
Disclaimer: This is not investment advice, please do your own research for any investment decisions.
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