Heavy Minerals Posts “exceptional” maiden drill results from Red Hill, WA
- Heavy Minerals (HVY) records “exceptional” results from the first round of drilling at its Red Hill project in Western Australia
- The top result from the company’s maiden 48-hole air core program was 43 metres grading 6.2 per cent total heavyminerals
- Garnet percentages within heavy mineral fractions ranged between 65 and 80 per cent, similar to fractions observed at HVY’s Port Gregory project to the north
- There was a delay in receiving these initial results due to the lab used upgrading its facilities, and the balance of the results is expected within the next few weeks
- HVY shares are trading at 15 cents at 2:34 pm AEST