It all looks like doom and gloom at the moment!
Less than three months ago we raised $2.5mil at 2c per share - it's highly likely we're seeing tax loss selling keeping us held down until the end of this month, at which point we're due for some news. Confirming the suitability of Kambale graphite for battery anodes is key IMO as a supply shortage and price crunch is but a foregone conclusion IMO.
Taken from the March Quarterly:
During the June 2023 Quarter, Castle is planning to:
BATTERY METALS
Kambale (Graphite)
Complete Phase 2 metallurgical test work and the production of a bulk concentrate.
Submit the concentrate to specialist metallurgists to determine its suitability to be used in the
production of Battery Anode Material.
Undertake an RC drilling program to infill zones of presently unclassified mineralisation.
Commence a Scoping Study.
Woodcutters (Lithium)
Inspect and verify Priority One and Two lithium anomalies and identify and sample any associated
outcropping pegmatites.
Plan drilling of any confirmed mineralised pegmatites.
FUTURE METALS and GOLD
Earaheedy (Base metals)
Undertake, at Withnell, a maiden multi-hole RC drilling program to test the historical Sioux prospect
and to better understand the local stratigraphy and likelihood of the occurrence of various styles of
base metals mineralisation (subject to the negotiation and acceptance of terms and conditions for
the completion of a heritage and exploration activities clearance survey).
At Terra Rossa, plan the drill testing of priority drill targets and to better understand the local
stratigraphy and likely structural controls on mineralisation.
Carlie Mining Limited (Ghana)(Gold)
Continue to assess specific gold targets including the Kpali, Bundi and Kandia discoveries.
Advance opportunities to better fund and/or monetise the Carlie business.
PARTNERSHIPS
Advance discussions with various parties on establishing exploration partnerships at the Beasley
Creek (gold and lithium), Success Dome (base metals, gold) and Polelle and Wanganui (gold)
projects.
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