Member Info for gwilliams316

The Co-funded Geophysics Program (CGP) is a competitive program of the Exploration Incentive Scheme (EIS) funded by the Western Australian State Government and managed by the Geological Survey of Western Australia (GSWA). The CGP aims to provide new information on under explored areas of the State to help find new mineral deposits.

The EIS will allocate approximately $2 million per year to the program. The co-funding amount will be 50% of costs, up to a value of $250,000 per project. It will support geophysical exploration in the mineral resources sector only.

Higher preference will be given to: 1) projects in unexplored or under explored areas; 2) regional to camp-scale projects; 3) projects searching for critical minerals.

Source - https://www.wa.gov.au/organisation/department-of-mines-petroleum-and-exploration/geological-survey-of-western-australia/co-funded-geophysics-program-cgp

AGM coming up, hopefully there's good news to discuss.

Morning all,

The Regis–Vault merger is a signal worth paying attention to. Large gold producers are back in growth mode, and when organic reserve replacement gets harder, M&A becomes the faster path. Western Australia remains the go-to jurisdiction — stable, infrastructure-rich, and well understood geologically.

This doesn't make CDL suddenly worth billions — it's still an early-stage explorer. But in a strong gold market, when majors consolidate, junior ground in the right districts gets re-rated fast.

Cloudbreak sits ~10 km from the operating Darlot mine, with strong geological similarities already flagged in company releases. The merged Regis-Vault hub in Leonora only sharpens focus on the wider Darlot trend — and that means increased corporate interest in nearby ground through farm-ins, JVs, or acquisitions.

The rest comes down to execution. Right commodity, right jurisdiction, right time. I wouldn't want to miss the boat.

DYOR

A Program of Work (POW) application has been submitted to the WA Department of Mines, Petroleum and Exploration (DMPE), with the POW expected to be granted in the coming weeks.

Hopefully we get news very soon on this, hopefully momentum carries into the results, as if they are as anywhere near as positive as the initial data indicates and whats just happened then Darlot becomes massive.

Rns - 20th March

Darlot West Gold Project

Planning is underway for an initial 3,000 - 5,000m drilling program, designed to test key structural targets identified in the recent geophysical interpretation and surface exploration programs. A Program of Work (POW) application has been submitted to the WA Department of Mines, Petroleum and Exploration (DMPE), with the POW expected to be granted in the coming weeks. The Company believes there is very significant potential for this project to host significant gold mineralisation similar to that found at the Darlot Gold Mine (Vault Minerals ASX:VAU)

Https://x.com/i/status/2046943486591508937

Company appears to want to get the message out, no fundraising, existing deals.

News we have been waiting for from previous rns releases.

1) Darlot POW/drill start

2) any Paterson share issue/update

3) prospectus

4) Crofton fieldwork progress.

Prospectus done and no placing shares. Tidys the balance sheet and allows for completion of Patterson in line with the stages. So they do not go out the door straight away onky when the asset proves its worth.

leddachjack

take your ill informed ****** and leave cdl alone.

heres the facts since evans joined cdl, the sp is up, deals are through the roof and we are financed into drilling. so please take your ppp nonsense elsewhere.

Its heading towards drilling, fully funded in great area with a full data set.

The market isnt awake to it yet imo. Hopefully interest will pick up as drill proceeds and results are released.

Its not a one trick pony either, multiple leases are showing promising data.

Asimple was you at the last GM??

Look at the Paterson rns, i think news is due soon on that oppourtunity as well.

Your words

If Stephen Lunn is voted out of his board position by shareholders, then yes, the company—or any external party engaged with PPP—has every right to retain him in a non-director capacity if they choose. But that’s a separate matter entirely from board-level authority, which is what shareholders are being asked to vote on.

Sorry if i have misunderstood, so you wouldnt be ok with this??.

What excuse?? Youve just said yourself you have no problem with any director, ( I wasnt refering to just Lunn for clarity) being voted out by shareholders being re engaged by remaining directors who as yet have no shareholder approval.

If you think that scenario is ok then we will just agree to disagree, they would have been better to all stand on Friday and draw a line under this one way or another. Stop all the bickering.

Re read whats been posted, literally saying if shareholders vote out a director or directors then he/they could stay somehow. Im guessing by way of unelected Directors by please let me know if you think there are other ways.

Should tell you all you need to know about the situation we find ourselves in.

Growmore

I dont believe the board have acted in a way that brings me to now support their actions.

If you diasgree then fine.

But in my opinion we are forced into this position by an unelected board and without a big shareholder as such being able to vote.

Im not comfortable with that.

My trust is shot here and i do not know if that is clouding my judgement. So i suggest you all do your own research.

The board as is have still not dealt with one investors 6m shares due to an admin error by the company, even though the 6m are sitting on the register at the moment. Basically removing 5% of the voting rights. Now im sure it is a coincidence and im not infering anything but for the record said person tried to call an egm in Feb i believe which is when this come to light.

The failure in my opinion to date to ignore all shareholders by not having an AGM to date, then set up these deals and appoint new directors is not right. They have never been given permission to do so, and they are in clear breach of the act in my opinion.

The unaudited lease issue in the accounts is a concern for me.

Theres more but it leads me to not trust that this is the best thing to do.

We all have opinions and thats mine. Everyone should do their own research and make their own decisions, do not base them of this board where people have their own agendas.

Good luck to you all.

Strange strange day

Where is the Greenstone??

Its frustrating and the MMS are a problem, but but but at some point given all the news, the data and the other oppourtunities weve already been told about i strongly believe a further re rate will come. Dyor.

MMS kill all the excitment with the spread again