Monax Mining (ASX: MOX) has commenced the maiden drilling program at its Pretender Creek Bauxite project in Northern Queensland to test surface bauxite.
Monax has an exploration portfolio of three tenements covering 1,198 square kilometres within the Cape York Peninsula.
The 180 hole program will test three zones of known surface bauxite. Monax has previously mapped and sampled bauxite mineralisation within its three tenements, with rock chip sample grades of up to 44.5% aluminium oxide.
Monax is aiming to obtain suitable samples for laboratory testing and to determine the tonnage and potential economics of the bauxite within each area.
Drilling should take three to four weeks to complete, finishing before the upcoming wet season, which gives Monax time to assess the results and make a decision about more focussed resource definition drilling.
Results from the drill program are expected in late 2011.
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