bm jorc due anyday :0), page-10

I was just reading through the ILUA ANNOUNCEMNENT and liked the few paragraphs below...


"The intention at this point is to evaluate the potential for coal and gas deposits that may exist within the licence area, but outside the constrained area."

"The company has also commenced discussions with the relevant pastoral station holders in order to reach an access agreement for initial low impact exploration activity. It is expected that initial exploration will be able to commence immediately on conclusion of all agreement documentation and receipt of necessary approvals."

Looks like we moving FWD with Mt Mulligan and we should get an update in the near future on initial exploration I hope?
IK has already got the ball rolling as we can see from the paragraph above.
It may take some time to find out where the coal seams are coming from and how big they are around the mountain itself BUT very exciting IMO...
This could be a sleeping GIANT,,,no guarantees but looking the best its looked in years with regards to Mt Mulligan...

win for MNM win for traditional owners...for those that only want posts about LV,,sorry but we have other assets too