Greenpower Energy Ltd. signed an agreement with landholders to allow the start of reverse circulation drilling at its Lincoln Springs cobalt-copper project in Queensland, Australia.
The company said March 25 that the initial drill program is designed to test geophysical and geochemical targets.
Additionally, Greenpower lodged a new exploration permit application covering 75 square kilometers, which complements the current project area and is believed to be prospective for base and precious metals.