HomeFinTechVariscan Mines: Receives approval for Buenahora drilling

Variscan Mines: Receives approval for Buenahora drilling

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Variscan Mines Receives approval for Buenahora drilling

  • Variscan Mines (VAR) receives government approval to drill over the Buenahora licence area within the Novales-Udias Project in northern Spain
  • The surface drilling permit approves VAR’s initial drilling program consisting of up to 50 drill-holes
  • Local council approval is required before drilling can commence and the company hopes to receive this by the end of November
  • Preparatory work for the surface drill program is underway, with drilling expected to commence in two months to test zinc mineralisation
  • Shares closed 5 per cent higher at 6.3 cents apiece
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