Buxton Resources Limited (AU:BUX) has released an update.
Buxton Resources Ltd has announced promising results from its ground EM surveys at the Narryer Project, revealing high conductance EM plates that suggest the presence of valuable copper/nickel sulphides or graphite, prompting plans for an inaugural drilling campaign at the Ranger Prospect. The surveys detected new EM anomalies south of Ranger and identified significant nickel and copper soil anomalies at the Oculus Prospect, reinforcing the potential of the area. The findings have led to the modeling of new conductive plates and the company is moving forward with drilling preparations, although heritage surveying at Oculus is still pending.
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