en.Wedoany.com Reported - Recharge Metals (ASX:REC) has entered into a heritage protection agreement with the Watarra Aboriginal Corporation for its Sunset Well gold project in the Leonora region of Western Australia's Eastern Goldfields, establishing protocols for cultural heritage protection at the project.
The company has submitted heritage survey requests to support the inaugural 30,000-meter drilling program at Sunset Well, which specifically targets the Prospero deposit and the broader 10-kilometer Prospero trend. This will be the first exploration drilling completed at Sunset Well since the mid-1990s.
CEO Luke Timmermans stated that the agreement ensures the exploration program can proceed in a manner that protects cultural heritage, while laying the foundation for the company's collaboration with the Darlot people. He added that the agreement also facilitates the approval of key tenement applications.
Recharge Metals reported approximately A$6 million in cash on hand to fund exploration activities at Sunset Well and its broader portfolio.
The Prospero deposit hosts an inferred mineral resource of 2.87 million tonnes at 1 gram per tonne gold, containing 94,500 ounces of gold, and remains open in all directions, with historical drilling showing only three holes exceeding 100 meters vertical depth. Significant historical intersections include: 36 meters at 2.73 g/t gold from 32 meters, including 16 meters at 5.39 g/t gold from 36 meters; 8 meters at 4.02 g/t gold from 28 meters, including 2 meters at 8.30 g/t gold from 28 meters; and 4 meters at 3.62 g/t gold from 32 meters.
Recharge Metals is a mineral exploration company with a diverse portfolio of regional and international projects in Western Australia, the United States, and Canada.
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