RE: Creswick: JV, Licences & timescales?14 Mar 2021 21:07
Glittertip, Yes they've held Creswick which has 7km length of the DMS for 28 months.
You can take 9 months off that for Covid which scuppered DD site visits.
So about a year and a half for all the geological evaluation, surface testing, drilling planning, initial drilling, processing and evaluation of drilling results, decision to do full bag testing, testing, evaluation of those results, also fund raising to enable those activities, discussions with 3 or 4 interested JV parties, presentation of data to those parties, negotiations, site visits and more negotiations which have hopefully led to an agreement in principle awaiting licensing/legals which timeliness are in the hands of licensing authorities .
Not bad work for a year and a half...they've not exactly been sat around twiddling their thumbs, so no complaints from me (and the above is Creswick only)