Fe Limited (ASX:FEL) holds a 20% interest and is free carried until decision to mine at the Forrest Project located in Western Australia, with partner Auris Minerals Ltd (ASX:AUR) (80%).
Drilling is underway on a 2500 metre reverse circulation and diamond program at the Wodger prospect, which is designed to confirm the geometry of high-grade mineralisation in WDRC005 which intersected: 31 metres at 2.39% copper.
The program has now received a $200,000 State Government co-funded exploration drilling grant.
Wade Evans, chief executive officer for Auris, commented:
"The state government co-funded drilling support for Wodger is perfectly timed with the drilling having commenced today.
"The company is well funded to complete a significant program of drilling to determine the extent of the high-grade copper mineralisation and looks forward to a flow of results over the coming month."