Hi everyone,
Thewildman post was very succinct in what our management has just achieved.
We are not wasting our time during the Wet Season, we are undertaking an aerial survey
of the place, whilst the ground is wet and drilling impossible. We are building up good relations
with the two other junior exploration co's in our region, and we are ALL reducing our exploration costs.
The survey, the first of its kind since 1981 BUT specifically looking for li, this time around (as opposed to
whatever - THEN) is being conducted with much more sophisticated equipment and data processing software
than was available to the mining exploration industry in the early 1980s.
In less that 20 days time - all three co's will be able to pinpoint areas of li both known and unknown
, that appear economic, and are worthwhile chasing up through drilling in early March.
Of the three, Core is the most cashed up -so we will definite be able to hit the ground a-drillin', soonest.
In the longer term, this partnership will benefit all three, in the following avenues: further capital raisings,
drilling deposits knowledge, and when negotiating with any outside party or parties who may take an interest in
our li deposit exploration activities - later on this year.
It will also be interesting to hear from Core about the economic potential on our known deposits BP 33, Grants, Far West and so on when they combine both our drilling knowledge and the aerial data. Hopefully, they'll be able to release this to the market sometime in February.
So hold on tight to your shares.
Cheers
Bluequartz
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