URU Metals (AIM:URU) told investors it has started diamond drilling at its Zeb Nickel Project in Limpopo Province, South Africa, launching an eight-hole programme targeting Zone 2 nickel-copper-PGE mineralisation.
The London-listed critical metals explorer plans around 3,850 metres of drilling, with paired holes sunk from four pads to test both the shallower sub-crop position and the down-dip extension of the mineralised zone.
The programme follows URU's £1.25 million placing in September, which funded mobilisation of the drilling campaign and related geological and analytical work, and the subsequent appointment of Zaaiman Exploration Drilling as preferred contractor.
The company is working toward a maiden mineral resource estimate for Zone 2, though it cautioned that any estimate depends on the drilling results, data verification and sufficient geological and grade continuity, alongside the requirements of NI 43-101 and CIM Definition Standards.
URU added that the initial programme alone will not establish continuity with other mineralised zones or identify the source of untested geophysical conductors, and that hole locations and depths may be adjusted as drilling progresses and new geological data is incorporated.
Core will be logged and sampled under quality assurance and quality control procedures, with URU saying it intends to provide operational updates and disclose material results once received, reviewed and interpreted.
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