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cess of Macarthur’s immediate requirements running, with the company looking forward specialising in the sale and distribution of
for the Lake Giles iron project, providing the to seeing it perform. mineral commodities.
potential for increased trade through Esper- “This fantastically built, high capacity The initial focus for Conrad will be to en-
ance, subject to capacity elsewhere within Schramm T685 is already busy working gage with existing customers which have
the port. for our valued clients,” Strike managing di- already been identified. Conversion of let-
It also has the potential to optimise the ex- rector Richard Bennett said. ters of intent for fully refined halloysite-kao-
isting capacity of the Berth 3 ship-loader, en- “Using large diameter RC, this machine lin product into legally binding agreements
hancing its current performance from 2,200 is capable of drilling to 600m. The newest will be an emphasis.
tph to about 4,500 tph where out-loading machine to the Strike fleet is ideal for the It is expected Conrad will target other
speeds are increased to match. toughest drilling projects. customers, predominantly from the key
Following completion of the engineering “With our new and existing state of the Asian markets, where the company is
design report by RCR, Macarthur will engage art equipment, we look forward to working looking to secure toll-refining and other re-
with key stakeholders on a preferred option alongside our clients to help them achieve lated business opportunities.
for the development of unloading infrastruc- their goals.” Andromeda said it was confident of
ture at the Esperance port. landing binding offtake agreements for
Conrad on the charge both fully refined and initial DSO products
Depco at the drill-ready Andromeda Metals Ltd has teamed with from its Poochera halloysite-kaolin project
in South Australia.
for Castillo Conrad Partners, a leading internationally-
focused marketing and logistics business
Castillo Copper Ltd has appointed Depco Lucky No.13 for Strike Drilling
Drilling as the lead contractor for its upcom-
ing RC and diamond campaigns at the Big
One deposit and Arya prospect within its Mt
Oxide project in north-west Queensland.
Depco is a privately-owned Queensland-
based group which has been operating
since the early 1960s and has significant
experiences across multiple projects in the
Mt Isa Basin area.
Subject to legal review and Castillo
shareholder approval, Depco has agreed
to accept a material proportion of its drill-
ing fees in Castillo shares, with a six-month
voluntary escrow period.
Castillo hopes to complete around
3,400m of RC drilling at Arya and 4,400m
of RC drilling at Big One, followed by an in-
cremental diamond drilling campaign at the
latter.
Strike Drilling expands

with 13th rig

Drillers around Australia are in great de-
mand and it is therefore timely that Strike
Drilling has expanded with the times with
the addition of a 13th rig to its fleet.
Strike’s latest rig recently hit the ground

NUCLEUS

+ 27 (0)11 028 1181 info@nucleusml.co.za www.nucleusml.co.za

aUSTRaLIa’S PaYDIRT OCTOBeR 2020 Page 109