AuMEGA Metals Starts Inaugural Diamond Drilling at Canada Targets; Shares Fall 9%

MT Newswires Live

Jul 28

AuMEGA Metals (ASX:AAM) started inaugural diamond drilling at targets at Isle aux Morts Granite and and the adjoining Cape Ray West area along the Cape Ray shear zone in Canada, according to a Tuesday Australian bourse filing.

The drilling program is designed to test a series of structural, geochemical, and geophysical targets defined by integrating geological mapping, surface geochemistry, geophysics, and structural interpretation, per the filing.

The company's shares fell nearly 9% in recent trading on Tuesday.

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