RE: Been here before16 Sep 2020 10:07
Applegarth found it :) On the funding rns
Australia
Following finalisation of the digitisation of historical data, the Placing proceeds will be used to update resource modelling and undertake a comprehensive trenching and sampling programme at the Elizabeth Hill Silver project with possibility of some initial drilling to follow. Completion of the acquisition by the Company of the Elizabeth Hill Silver project is subject to the vendor's shareholder approval expected on 25 September 2020.
Assuming completion of the acquisition, as per the RNS dated 25 August 2020, the Company plans to follow-up on five priority prospects that were identified for next stage exploration. For the Brockman Project, three targets focus on the historic high-grade BHP prospects numbers 15, 19 and 20, which the Company has planned to follow-up with detailed grid-based surface mapping and sampling to support a maiden drilling programme. Two key targets in the Han**** Ranges Project are the Sirius Extension prospect, which has previously been drilled by Volta Mining (refer RNS dated 20 September 2019 for further information), and the Kalgan Prospect in the north-north-west of the project, which the Company believes has excellent potential.