Depco Drilling in Mount Oxide agreement
Castillo Copper has selected Depco Drilling as the lead contractor for the upcoming reverse cycle and diamond drill campaigns at the Big One deposit and Arya prospect within the Mount Oxide project.
Castillo said the drilling company had agreed to accept a material proportion of their fees in shares, with a six-month voluntary escrow period.
“This is an excellent result, as we now have an in-principle agreement with a specialist Queensland-based driller that knows the Mount Oxide region well," Castillo Copper UK director Ged Hall said.
"Further, after all the hard work our geology team have done. . .
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