REG - Mila Resources Plc - Commencement of Drilling at Kathleen Valley

Mila ResourcesAnnouncement

15/02/2022 12:00

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RNS Number : 7552B  Mila Resources PLC  15 February 2022

Mila Resources Plc / Index: LSE / Epic: MILA / Sector: Natural Resources

15 February 2022

Mila Resources Plc

('Mila' or the 'Company')

Commencement of Drilling at Kathleen Valley

 

Mila Resources, the post-discovery gold exploration accelerator, is pleased to
announce that drilling has commenced at the Kathleen Valley Gold Project in
Western Australia ('Kathleen Valley' or the 'Project').

 

Initial drilling has confirmed consistent, high-grade mineralisation
(including a 10m wide zone of mineralisation with multiple +10g/t Au & Ag
grades at the Coffey deposit) and Mila is now focussed on expanding this to
define a sizeable gold-silver resource.  Further details on the drill
programme can be found in the announcement released 7 February 2022. Images
from site will continue to be posted on the Company's social media channels.

 

Mark Stephenson, Executive Chairman of Mila commented: "We are delighted to
confirm that drilling has officially recommenced at Kathleen Valley.  Having
successfully mobilised on site we look forward to defining further ounces and
unlocking the project's significant resource potential in this world-class
gold province.   We look forward to sharing photos of our progress with you
on social media."

 

**ENDS**

 

For more information visit www.milaresources.com or contact:

 

 Mark Stephenson                 info@milaresources.com

 Mila Resources Plc

 Jonathan Evans                  +44 (0) 20 7100 5100

 Tavira Securities Limited

 Nick Emerson                    +44 (0) 20 3143 0600

 SI Capital

 Susie Geliher / Charlotte Page  +44 (0) 20 7236 1177

 St Brides Partners Limited

 

 

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