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The holes were drilled as part of a 30,000-metre program and are expected to “positively impact” existing resources by growing the indicated inventory.

Resource estimates have been released for the Spout and G1 carbonate replacement deposits.

The miner is set to start exploration at its Murdie project in South Australia this week.

No. 1 is a deep sea polymetallic project with a 75,000 square kilometre exploration tenement.

Measured and indicated resources at the property now stand at 610 million tonnes.

The company has completed 25,000 metres of drilling at Ikkari in 75 holes.

The latest resource incorporates an additional 17,540 metres of drilling completed last year.