RE: Whoosh24 Jan 2022 09:11
DVH,
Excellent summary, I will add the following regarding Hope which as you say we should hear about very soon!
" A drill rig has been mobilised to undertake at least 2,000m of diamond drilling to test a number of new airborne EM conductors in the vicinity of the Hope and Gorob deposit cluster on the Matchless belt in Namibia
· The drilling has the potential to add to the existing JORC (2012) - compliant mineral resource base"
Diamond Drilling Programme
Modelling of data from Bezant's helicopter-borne EM survey, covering about 3,000 line kms along a 130km strike extent of the Matchless Copper Belt, highlighted several highly prospective drill targets on EPL 5796 (refer to RNS dated 29 September 2021). The EM survey was designed to look for buried extensions of the Hope and Gorob-Vendome deposit cluster on EPL 5796, as well as testing the extensive underexplored potential through EPLs 7170 and 6605.
The drilling plan envisages completion of 8-10 holes on the identified targets on EPL 5796, commencing in late November and likely to continue into January 2022 after the Christmas break. The aim of the programme is to discover new copper-gold zones adjacent to the established deposits which have the potential to increase the mineral resources that will be available to a future mining operation.
All from the November RNS, all leading to the mining application for the mining licence .
Just think, the Hope project with a licence to mine, the JV Caerus project, mining to commence as soon as possible, and the the Mankayan licence renewal and float on the ASX under IDM Mankayan, where could this sp possibly be in say 12 months time! bearing in mind we are valued at no more than a current mansion in London as someone recently referenced us to!!!
Mr T