Hi Guys Feeling a bit down with my KALO way below my average buy price of 8c so needed a pick me up.
just some dot points from the 22nd jan announcement I found great reading.
NORESMAN GOLD PROJECT.
Geotech LTD of Canada has been contracted to conduct a VTEM survey across the company's entire Morseman tenement holding, 124 skm in order to identify previously unknown sulphide mineralisation.
survey is expected to be completed prior to the end of jan 2008, processing expected to be completed by end of feb 2008.
The Company's resouce evaluation work continues and is expected to be complete a further resource upgrade at Mt Henry in the next 3 weeks.
An initial scoping study on the Mt Henry and Selene resources is expected to be completed during feb/march 2008.
CLINKER HILL NICKEL PROJECT.
The company has commissioned a SQUID survey across the length of the basal contact which has increased from 5 km to 7km.
The SQUID survey has been used successfully to identify new nickel orebodies by CONSMIN and MINCOR in adjacent areas.
This survey is expected to commence in feb 2008 for processing and interpretation in MARCH.
LAKE JOHNSTON NICKEL PROJECT
The company has commissioned a VTEM survey on the Lake Johnston Nickel Program.
The VTEM survey will be starting in the Forth week of Jan and should be completed and processed by the end of Feb.
KAL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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