RE: Take off STOP LOSSES / LIMIT SELLS4 Dec 2024 08:13
The drilling which has been targeting higher grade shallow gold mineralisation, may lead to these areas being the future focus of reverse circulation and diamond drilling below the higher-grade oxide gold mineralisation to expedite the Project towards a maiden Mineral Resource Estimate (MRE). We are encouraged by the recent success of Black Cat's Myhree open pit operations[1] only 7km up the road from the Northern Zone Project and we are assessing if similar operations can be achieved with the Northern Zone Project after we convert the tenement to a Mining Lease. The compliance mineralisation report required for the application is nearing completion and we expect will be lodged early next week."