RE: Drilling campaign - Callum Baxter (ex GGP)2 Jul 2025 12:20
This is what was said a year back when Callum came onboard in Aug-24
"The Company and Callum Baxter have agreed an initial exploration strategy for the first 4-6 months following completion comprising airborne magnetics and lidar, ground based gravity and electro magnetic studies and subsequent data modelling, in preparation for a drill campaign of 1-2 months. The exploration element and preparing to drill is expected to cost approximately £500,000 and the drill campaign a further £250,000. Completion of exploration and drilling will be subject to available funding."
I found it because as part of him coming on board, Geo has to fund £750k for the exploration within a year, which will take us upto Aug-25 ... that's the quote I was trying to find but cant at the moment.
Also used the dip today to top-up