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Maritana Minerals Begins Resource Conversion Drilling Across Four Western Australia Projects, Shares Fall 3%

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Maritana Minerals (ASX:MRT) approved a major resource conversion drilling program totalling around 60,000 meters across the Boorara, Coote, Gordons Dam, and Crake projects in Western Australia, according to a Thursday Australian bourse filing.

The program is designed to convert and upgrade existing mineral resources to indicated from inferred classification to support mine planning and an enhanced life-of-mine plan for the Black Swan Processing Hub.

The first reverse circulation drilling rig commenced drilling at Boorara.

Its shares fell 3% in recent trading on Thursday.

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