Terramin Australia (ASX:TZN) started a drill program at the South Gawler Ranges project in South Australia, according to a Tuesday filing with the Australian bourse.
The three-hole program will investigate skarn-hosted copper-gold mineralization and iron oxide copper-gold mineralization in conductive rocks and coincidental gravity and electromagnetic anomalies, the miner said in the filing.
The program will be conducted with partner Japan Organization for Metals and Energy Security, which has already secured a 30% stake in the project based on an existing earn-in agreement, the filing added.