Burley Minerals Limited Reports Strong Maiden Drilling Results at the Cane Bore Iron Project, Paving the Way for Strategic Pilbara Expansion

Monday, June 30, 2025
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9:31 am
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Burley Minerals Limited reported promising maiden drilling results at its Cane Bore iron ore project in Western Australia. Significant iron intercepts confirm both surface and near-surface mineralization, while upcoming surveys and further drilling aim to expand resource potential—a positive development for investors in early-stage mining exploration.

Burley Minerals Limited has released comprehensive exploration results from its Cane Bore iron ore project that emphasize industry‐leading practices and a rigorous QA/QC program. The company’s detailed JORC Code report outlines that reverse circulation drilling was carried out using a truck‐mounted rig with state‐of‐the‐art equipment, achieving consistent one‐metre interval sampling through a cyclone system paired with a stationary cone splitter. The procedures, overseen by qualified geological consultants, ensured high sample recoveries without bias and were backed by insertion of Certified Reference Material during sample preparation. The report provides extensive technical data on drill hole orientations, downhole lengths, and near true width intersections of the sub-horizontal Channel Iron Deposits. Emphasis is placed on the geological setting, showing that the iron mineralisation is hosted in alluvial deposits within the Cane River Conservation Park. The documented procedures and independent laboratory analysis using lithium borate fusion and XRF Spectrometry confirm that the assay results meet stringent industry standards. Detailed logging and sample security protocols were maintained throughout the exploration program, with data recorded electronically and verified without any adjustments to the original assay values. Burley Minerals has also set its sights on future work. A second heritage survey is underway to delineate the northern boundaries of the CID areas, with plans to follow up with diamond drilling to refine metallurgical assessments. The report notes that although current drill hole spacing has not yet fully established geological and grade continuity for a definitive resource estimate, the consistent application of industry standard methodologies underpins a solid foundation for continued exploration. Analysts see bullish aspects in the methodical approach and detailed technical reporting that could translate into significant resource potential if follow-up drilling confirms the mineral continuity. On the bearish side, investors may note that the current data set remains preliminary; the drill spacing and limited lateral coverage caution that further drilling and resource definition are required before a robust estimate is made available.

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