Proactive - Interviews for investors

Octava Minerals receives approval for antimony exploration at Yallalong

Episode Summary

Octava Minerals Ltd (ASX:OCT) managing director Bevan Wakelam joins Proactive’s Tylah Tully to discuss Program of Work (PoW) approvals for exploration of four priority antimony targets at the Yallalong Project. The approvals, granted by the Western Australian Department of Mines, Industry, Regulation & Safety (DMIRS), cover exploration and planned drilling activities at the project site. The Yallalong Project is approximately 220 kilometres northeast of Geraldton, Western Australia, and comprises two granted exploration licences, E70/5051 and E09/2823, covering 63.4 square kilometres and 94 square kilometres respectively. Antimony mineralisation at Yallalong is linked to quartz-veined zones within sheared sedimentary rocks adjacent to mafic intrusive dykes in a larger shear zone, a common setting for antimony deposits globally. Octava's exploration team has initiated fieldwork, focusing on geological mapping and rock chip sampling across the four priority targets. Additionally, heritage discussions are ongoing with relevant landholder groups to secure clearances ahead of the planned drilling phase. #ProactiveInvestors #OctavaMinerals #ASX #YallalongProject #AntimonyExploration #POWApproval #WesternAustraliaMining #NewEnergyMetals #MineralExploration #GeologicalMapping #RockChipSampling #AntimonyTargets #MiningUpdate #FieldworkProgress #MineralDiscoveries #MiningNews #ExplorationLicenses #ShearZoneGeology #MiningProjects #AustralianMining #EnergyMetals #AntimonyPotential #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews