CR1 constellation resources limited

10,000m of Drilling has started next to LEG!, page-131

  1. 1,591 Posts.
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    @Artvandelay01 actually (E63/1281) is 70% ownership through JV. Maybe thats also why they left it for now.
    They are drilling the JV E28/2403 Target 1-7 first then 8-10 on there only 100% E28/2738. ELA in for E28/2957 as JV target 4 has targets overlapping into this zone

    As per website:
    The Company holds a 70% interest in four of the tenements (E63/1281, E63/1282, E63/1695 and E28/2403) (Joint Venture Tenements), with the remaining 30% interest in the Joint Venture Tenements held by Enterprise Metals Limited (ENT) pursuant to a Joint Venture Agreement. The Company holds a 100% interest in the remaining tenement (E28/2738), which is not subject to the Joint Venture Agreement.

    The Orpheus Project includes a 70% interest in three mineral exploration licences and one mineral exploration licence application, and a 100% interest in a further mineral exploration licence application.



    Last edited by phil365: 07/06/20
 
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