RE: ALL11 Jul 2023 07:49
No just watching ALL at the moment
kinda half expecting drift as could be a while before next news regarding getting mining licence and JV
the company that splintered from ALL - RICCA is in JV with FRG. RICCA is not market listed - but FRG had an RNS update today, drilling progressing for their DFS. Will take a while more yet lots of drilling to go but maybe worth keeping eye on, getting in before the DFS result could be a good play. 300 holes down, total holes 1809. Seems to be about 14 days for 300 holes? so approx 70 days to go, then lab results and writing up the DFS....so Im guessing around september/oct for the dfs
seem to be a few things brewing for september
also in RNS today, EEE further detail on the pitfield exploration. Were looking for copper but have found large amounts of titanium, another long slow miner but is shaping up well
Cora gold RNS is starting tender process for mining equipment and employed new director/manager personnel, got deal recently for $70 mill for the mine build. Is on a long term low price - this is being held up by mining licence, Mali has not been issuing licences since last November. But recently getting the funding and starting the process - and a new mining minister appointed in Mali, maybe just ,maybe things are progressing. If government start issuing licences again, this one could be poised ready to fly???