Following up on the success of the recently completed FY20 exploration program and meeting minimum expenditure requirement of $500,000, a staged FY21 work program with expenditure of up to $2 million will focus on drill testing two high priority targets near the Horn Island gold resource.
Alice Queen is continually monitoring Covid-19 restrictions for the state of Queensland and will provide further guidance on the timing of the FY21 Horn Island JV work program.
Shares in St Barbara (ASX:SBM) are trading flat at $3.16.