Almonty Industries (ASX:AII) said drilling at the Sangdong molybdenum project in South Korea confirmed grades consistent with historical results, according to a Wednesday Australian bourse filing.
Around 37% of the 26 planned drill holes have been drilled to date, and the assays received thus far have grades similar to those of historical drill holes.
The program is designed to re-examine mineralized structures identified in historical drill holes as well as to enhance resource categorization.
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