RE: Nobody23 Apr 2025 16:52
Cocopops,
We've answered that question many times.....one last time off the top of my head (now concentrate and it will sink in eventually).
*The initial drilling of Tambo,
*Progressing Lolworth with 2 x partnerships (one academic and one with the state geological department) to the point we have a drilling programme this year with 150-200 shallow holes planned.
Multiple sampling programmes have been completed at Lolworth which have had very encouraging results (not a duff set yet)
*Re-testing of Baillieston samples to identify a very high concentration (32%) of Antimony. Follow up surface sampling complete to identify drilling sites. - Drilling imminent, hopefully this week (interest being shown around the Baillieston project).
* Trenching and testing at Blue Mountain identifying a high recovery rate and near term production which is now being planned. Revenue of c$3.5m/yr estimated (although the price of gold has increased since and the 0.6 g/t looks conservative so that figure may increase)
*Selling of the property
* Raising funds to cover all planned activities in 2025
* Progression of the tax losses to be a sellable proposition , with interested parties (which the company had failed to progress in the previous 15 years).
* 2 x Drilling programmes completed at Creswick and sampling programmes to enhance the dataset and understanding of the geology - the company has said that they are in early discussions over a potential partnership at Creswick
* Taken Mike Parker on as a geologist (bit of a coup for the company given his experience)