Maverick Minerals Mobilises Rig for 4,900m Pokali East Copper Drill Test

Maverick Minerals Pokali East drilling is about to start, with a rig mobilising for a 14-hole, ~4,900-metre copper test in Western Australia's West Arunta that could show whether Rincon's historical 212m intercept keeps growing.
By William Hadrian -
  • Maverick Minerals is mobilising a rig for a 14-hole, ~4,900-metre RC and Aircore program at Pokali East, with arrival expected within 2-3 days.
  • This is Maverick's first campaign since acquiring a 90% interest in the West Arunta Project from Rincon Resources (ASX: RCR).
  • The program builds on Rincon's historical 212m @ 0.23% Cu and 4m @ 3.87% Cu intercepts, which Maverick has not independently verified.
  • Drilling is expected to take about three weeks, with all sites carrying heritage clearance.
  • No Mineral Resource or Ore Reserve exists at Pokali East, and no date has been given for assay results.
Summarise with AI:

Drill rig mobilises to Pokali East in West Arunta

A drill rig is mobilising to the West Arunta Project in Western Australia, where Maverick Minerals Australia Ltd (ASX: M96) plans a 14-hole, ~4,900-metre Reverse Circulation (RC) and Aircore (AC) program at the Pokali East copper prospect.

This is Maverick’s first campaign at the project since acquiring a 90% interest from Rincon Resources Limited (ASX: RCR). Drilling is the next step for the project, and the company has said results will be released once assays have been received and interpreted.

Pokali East Drill Program Fact Sheet

Program details and what the drilling will test

The program targets ground the company believes could extend known mineralisation. Here is how the drilling is set up.

Targeting approach

The program will test interpreted extensions of the mineralised corridor, along strike and at depth. Hole locations were chosen where rock-chip geochemistry coincides with geophysical anomalism defined by Resource Potentials.

Resource Potentials is a Perth-based specialist consultancy that processed and interpreted the ground gravity data which identified the Luni target for WA1 Resources Ltd (ASX: WA1). That is background on the consultancy only, and it says nothing about what Pokali East will deliver.

Key program facts

  • 14 holes, ~4,900 metres, using RC and AC drilling
  • Existing pads and new sites, all with heritage clearance
  • The program is expected to take approximately three weeks
  • The iDrilling rig is travelling from the State’s north, with arrival expected within 2-3 days and drilling to start shortly after
  • Results will be released once assays have been received and interpreted
Parameter Detail
Holes 14
Total metres ~4,900 metres
Drilling methods RC and AC
Sites Existing pads and new sites, all with heritage clearance
Expected duration Approximately three weeks
Rig arrival Expected within 2-3 days
Results Released once assays received and interpreted

Copper drilling explained: why extensions matter

The program uses two drilling methods. Aircore is typically used for shallower drilling, while RC generally reaches greater depth.

Testing “along strike” means drilling sideways along the direction the mineralised corridor runs. Testing “at depth” means drilling deeper beneath known mineralisation.

Extension drilling like this tells you whether known mineralisation continues. That matters because it helps determine whether a prospect can grow in scale.

Previous Pokali East results underpin the program

The program builds on earlier work by Rincon, reported on 2 October 2024. Those results included:

  1. 212m @ 0.23% Cu from 2m
  2. 4m @ 3.87% Cu from 48m

These are Rincon’s historical results, not Maverick’s. Maverick has not independently verified this historical information, but is not aware of any new information that materially affects the Rincon announcement.

No Mineral Resource or Ore Reserve has been estimated at Pokali East. For you as an investor, that places the project at an early exploration stage, with the drilling designed to test for extensions.

What investors should watch next

Three milestones will shape news flow from the program:

  1. Rig arrival and the start of drilling
  2. Completion of the program, expected in approximately three weeks
  3. Release of assay results once received and interpreted

The assay results are the next potential news flow for Maverick. The announcement gives no date for their release.

Maverick is a Perth-based exploration company focused on the discovery and development of metals critical to the clean energy transition, including copper and rare earth elements. It holds an exploration portfolio spanning Western Australia, including its West Arunta Project.

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Frequently Asked Questions

What is Maverick Minerals drilling at Pokali East?

Maverick Minerals (ASX: M96) plans a 14-hole, ~4,900-metre RC and Aircore program at the Pokali East copper prospect in the West Arunta Project, Western Australia. It will test extensions along strike and at depth.

What is the difference between RC and Aircore drilling?

Aircore is typically used for shallower drilling, while Reverse Circulation (RC) generally reaches greater depth. Maverick is using both at Pokali East.

When will Maverick Minerals release Pokali East drilling results?

Results will be released once assays have been received and interpreted, but no date has been given. Drilling is expected to take about three weeks once the rig arrives within 2-3 days.

What did earlier drilling at Pokali East find?

Rincon Resources reported 212m @ 0.23% Cu from 2m and 4m @ 3.87% Cu from 48m on 2 October 2024. Maverick has not independently verified these historical results.

Does Pokali East have a defined mineral resource?

No. No Mineral Resource or Ore Reserve has been estimated at Pokali East, so the project is at an early exploration stage.

William Hadrian
By William Hadrian
Partnerships Director
William supports Discovery Alert subscribers across Australia and overseas, helping them tailor alerts, troubleshoot technical issues, and optimise platform settings to suit their workflow.
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