Proactive Investors - Run By Investors For Investors

Accelerate Resources 'seeing the smoking gun, continuing search to find the fire'

Accelerate Resources Ltd (ASX:AX8) executive director Andrew Haythorpe catches up with Proactive Investors on the Mount Read Project in Tasmania, where a second phase drill program is underway. 

"In all of the drilling that we've done so far we've found strong indications of mineralisation, be it nickel and cobalt to the North, and copper-gold-cobalt in the Thomas Creek area to the South," says Haythorpe.

An airborne survey is scheduled for December, which will be partly funded by the Tasmanian government under the Exploration Drilling Grant Initiative (EDGI) Program.

View full AX8 profile View Profile

Accelerate Resources Ltd Timeline

© Proactive Investors 2019

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use