AusQuest: Begins RC drilling at Morrisey
- AusQuest (AQD) begins reverse circulation (RC) drilling at the Morrisey Nickel-Copper-Platinum Group Element (PGE) Project in Western Australia
- A total of 1000 metres of RC drilling will be undertaken to test electromagnetic (EM) targets associated with inferred mafic/ultramafic intrusions
- Modelling of the EM data outlined conductors with moderate to strong conductance (600 to 6000 siemens) at depths ranging from 50 to 100 metres
- Drilling should take one to two weeks to complete with results expected six to eight weeks after that
- Shares in the company are steady and are trading at 1.8 cents at market close