Further to this, if RTX are to uptake their 80% interest they have to spend a minimum of $2m in exploration and drilling 1000m of RC/DC.
I believe both these two holes will be drill to a depth of 350m. They are under the impression the zone they are targeting starts 70m below the surface so we should have a good 280m of solid “magnetic cores”
Exciting times.
Ann: Calesi Nickel Prospect Drilling to Commence, page-99
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