Well done - are you taking a nibble of the 4 mil seller ?
As you can imagine from my new signature line (yesterday) I am delighted with this move.
1. Gold - early exploration assured - and Location is tops - between Charters Towers and Palmer River.
2. Antimony - ironically my 'best' (IMO only) antimony play is in West Tasmania very close to Mt Read.
Here is a youtube dealing with the formation of modern day Tasmania when east and west collided. But the most interesting part is the formation of the whole of Eastern Australia on the edge of the ancient Gondwana super continent. That resulted in the fabulous mineralisation in the orogens of Tasmania, Victoria, NSW and Qld. It appears to me that antimony was present from South to North in those folding and subduction events.
I wonder is the otherwise scarce critical element antimony, may be relatively abundant in the East Australian orogens - dating of the antimony emplacements would be interesting.
Cheers, I reckon this acquisition is the goods. I have dry powder.
IMO - not advice.
Ann: Inca to Acquire with High Quality Gold/Gold Antimony Assets, page-3
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