Strategic Mining announces arrival of diamond core drill rig to Vietnam

Strategic Mining announced today that the Boart Longyear LF 70 diamond core angular drill rig arrived in Vietnam on February 28.

The company plans to begin the drilling program outlined by company geologist, Hassan Alief, in the 43-101 report within 30 days.

The acquisition of the LF 70 diamond core drill rig on a Morooka track system is an important step for the continued development of the Ba Dinh gold property in Vietnam. The completion of the drilling program is necessary to define the gold reserves and to give the exact locations where to begin the mining operations.

The LF 70 will be the first angular core drill rig in Hoa Binh Province and the company has received strong support from the Vietnamese Government for bringing the latest angular core drilling technology to the region.

President, Todd Sterck, commented: “The new drilling rig will enable the company to work throughout all seasons and to initiate drilling programs in previously inaccessible areas.”

“Our goal is to become a significant gold producer. We are currently focused on the exploration and development of gold properties in Vietnam, the US and Africa. The company intends to expand by acquiring mineral rights to more key properties and initiating strategic joint ventures,” Todd Sterck said.

Tags: Strategic Mining