South West Pinnacle Exploration (SWPE) has got a Letter of Intent (LOI) from Hindustan Copper for Diamond Core Drilling in underground levels for Malanjkhand underground mines at Malanjkhand Copper Project in the state of Madhya Pradesh.
This is a three year contract with aggregate value including taxes is Rs 13.58 crore. The work will commence from Q1 of FY 2022-23.
South West Pinnacle Exploration has recently diversified into aquifer mapping for Hydro-geological organisations in India for determining the quantity and quality of groundwater in a particular area, viz., water level, productivity and concentration of various chemicals in groundwater.