Shree Minerals applies for Exploration Licenses near Ulysses South, JMEI application successful

  • Jul 15, 2020 AEST
  • Team Kalkine

Shree Minerals Ltd (ASX:SHH) announced applying for 2 exploration licenses E63/2046 and E63/2048 (Dundas project) to strengthen its presence in the Leonora Goldfield around the existing exploration license application (ELA) E40/384 (Ulysses South).

Shree plans to conduct an in-field auger drilling program upon the granting of the Dundas license. The plans for Ulysses South would be to conduct a reconnaissance aircore drilling in the surrounding of existing drilling holes, with the holes intersecting mineralisation later to be tested with a RC drilling.

Additionally, Shree has been successful with the application for its participation in the Junior Minerals Exploration Incentive (JMEI) and has received $600,000 allocation for creating exploration credits during fiscal year 2021.



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