SCN 6.25% 1.5¢ scorpion minerals limited

Ann: Fenix Iron Ore JV & Pallas PGE Target Exploration Update, page-2

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  1. 1,601 Posts.
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    Morning all.

    so Sep/Oct for drilling the JV at Iron Ridge. Bit disappointing, but as I mentioned a while ago, these things take time and they have to go through all the necessary procedures before they can start to drill.
    it doesn’t change what’s under the ground, it’s either there (nice high grade good tons), or it’s not. A straight crap shoot. Albeit with a bit of bias, as we know there’s IO there, just not the grade and amount.
    heres hoping for some nice tons of high grade.
    Further drilling for gold on Lantern and Cap Lamp now late July. So with the backlog in the assay labs, maybe 1-3 months for those results.
    not sure what else there is to move the SP in the meantime.
    but least we now know the timeframes.
    more patience.
    cheers,
    ned.
 
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