OAU 14.3% 0.8¢ ora gold limited

key to doolganna?, page-24

  1. 11,511 Posts.
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    Dabru ,Dawn Metals is part of the ARM/DSN mob. I think that it was owned by ARM and then last year ? when ARM took a 50% stake in DSN the leases of Dawn Metals were vendored into DSN .What is clear is that ARM/DSN have decided to get out of exploration for uranium and focus on base metals at Camel Hills, Glenburgh and Capricorn .What I have realized in recent days is that they have been steadily and stealthily acquiring leases particularly around Camel Hills ans capricorn. The maps they show on their website for those area do NOT show their recent acquisitions which are substantial.I think their area of leases now must be approaching 30,000 sq kms.
    What it means for THX? I think if the information I heard today is correct then THX and ARM have an amicable working relationship and we might see those leases currently held by ARM/DSN down near THX's Yerrida project also acquired by THX.It is obvious that THX have for some time decided to build a substantial portfolio of base metal prospective leases in the Doolgunna /Meekatharra/Wiluna triangle.
    I hold those leases of Dawn Metals north of Doolgunna in high regard and in coming days will explain why. I also think that a significant discovery on the scale of Degrussa is going to be made in the area around THX's Yerrida leases.Time will tell if my logic ,observations and research are correct and I eagerly await some news. I have built a substantial portfolio of juniors in that southern area ,holding currently SRI,EMG,RRE,THX,and today PRW .I also hold juniors to the north bordering THX ie LSR and SRI
 
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