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Comet Resources Limited to use drone survey in quest for more high-grade copper at Barraba

Aeromagnetic Survey to Commence at Barraba Copper Project


Comet Resources Limited (Comet or the Company) (ASX: CRL) is pleased to announce that it has contracted Airborne Geo Exploration Pty Ltd (AirGeoX) to complete an aeromagnetic survey of its Barraba Copper Project located in north-east NSW.
Highlights
Mitre Geophysics and AirGeoX have been engaged to conduct a high definition airborne magnetic survey of the Barraba Copper Project using an Unmanned Aerial Vehicle (UAV).
Data collected from the UAV survey will be analysed to refine targets for the next stage ground geophysics program and drilling.
Work to commence this month with results expected shortly afterwards.
Comet Resources Limited (Comet or the Company) (ASX: CRL) is pleased to announce that it has contracted Airborne Geo Exploration Pty Ltd (AirGeoX) to complete an aeromagnetic survey of its Barraba Copper Project located in north-east NSW. AirGeoX is an experienced contractor in the provision of geophysical services utilising the latest in UAV drone tech ....

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Comet Resources Managing Director Matthew O'Kane: Permitting and Drilling in 2021


Managing Director Matthew O’Kane joined INN to discuss Comet Resources’ exciting updates.
In this interview, Managing Director Matthew O’Kane shares that the combination of copper fundamentals and a strong gold market make for a good opportunity for investors since Comet Resources is currently working on a copper project in New South Wales, Australia, and a gold project in Baja, Mexico. O’Kane shared, “We’re moving into the actual physical exploration work, which is the best time to buy. Of course, if results are good, the share price will appreciate and you’ve sort of missed the opportunity. So right now is the perfect time really to be getting in.” ....

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Comet Raises $1M in Strategic Investor Placement


Funds raised to be used to support work at the Santa Teresa and Barraba Projects including expansion of exploration activities at the Barraba Project to include the historic Murchison Mine area
Highlights
Shares to be issued at 2c with a 1 for 2 option at 3c
Funds raised to be used to support work at the Santa Teresa and Barraba Projects including expansion of exploration activities at the Barraba Project to include the historic Murchison Mine area
Comet Resources Ltd (ASX:CRL) is pleased to announce it has received commitments for a placement of 50,000,000 new fully paid ordinary shares in Comet (Placement Shares) to eligible sophisticated and institutional investors at $0.02 per New Share (the Placement) with a 1 for 2 free attaching option exercisable at $0.03 and expiring 2 years from date of issue (Placement Options). ....

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