S2 Resources (ASX:S2R) Initiates Drilling at Yeungroon Project
Drilling Commences at Yeungroon
S2 Resources Ltd (ASX: S2R) has begun its first aircore drilling program at the Yeungroon project, focusing on the O’Connors gold-arsenic anomalous corridors. The program involves approximately 5,000 metres of drilling over three weeks, with results expected in April. Additionally, soil sampling is being conducted in the eastern Yeungroon region, with outcomes anticipated in March.
Strategic Partnerships and Agreements
Under its agreement with Valkea Resources, S2 is earning an 80% interest in the Yeungroon project by funding a total of $1.2 million over four years. This earn-in agreement is subject to TSX Venture exchange approval and registration under Victoria’s Mineral Resources (Sustainable Development) Act 1990.
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