attn. jacobs creek
Evening JC, Did you get the June Quarterly? I sent it to you just in case ATX still have your E-mail address screwed up. Not too shabby is it......And the Nickel play reminds me of PTS' Modus Operandi, in so far as the deal with Sipa Exploration NL goes, ie using other's loot!!
Sipa Nickel Joint Venture A joint venture agreement was entered into with Sipa Exploration Ltd whereby Sipa may earn up to a 70% interest in nickel, copper, base metals and platinum group metals by expending $1,400,000 on exploration within 3 years on a group of Austminex’s tenements in the Coolgardie area.
Sipa must expend $150,000 within 12 months prior to being able to withdraw from the joint venture.
Austminex retains the rights to gold and ownership of the tenements. In addition to active exploration of the substantial nickel potential of the tenements, the joint venture will provide very cheap access to gold assay data from any drilling carried out by Sipa for nickel.
900+k gone through today, touched 10cents again, before closing at 8.8c.
