Redstone Resources has been awarded a AUD 200,000 Western Australian Government grant to support drilling at the company's wholly owned Tollu Copper project.
Tollu is located in between two major deposits Metals X's Wingellina and BHP Billiton's Nebo Babel,both of which have returned broad widths of high grade mineralisation.
Redstone is required to match the funding provided by the government.
The grant will be used to fund the drilling of a deep diamond hole to test for the source of the large scale hydrothermal copper mineralisation that has been discovered over 6.8 square kilometres at Tollu.
Source:
http://www.steelguru.com/metals_news/Redstone_Resources_wins_Govt_grant_for_drilling_at_WA_copper_project/295856.html
