re: Ann: $1.0 Million Research and Developmen...
The funds from this R&D claim should flow back to ARD soon I imagine, perhaps by mid September. I eagerly await that happening as it will mean ARD will be able to put those funds toward some deep holes at the causeway VMS prospect at Kempfield.ARD still represents IMO the best priced cheapest silver play on the ASX with the added attraction of some Cu+Zn VMS targets.The good thing about this eastern part of the Lachlan Fold Belt is that the Silurian volcanics are known to host not only VMS deposits but epithermal Au and Ag as well as porphyry and orogenic gold deposits
ARD Price at posting:
4.9¢ Sentiment: Buy Disclosure: Held
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