The second drilling rig at gum flat iron ore project was delayed a little. But should be in place to start mid october. Scoping,enviromental and hydro-geological have already commenced at gum flat.
Major drillings about to happen, with around 3 to 5 drill rigs throughout LML's projects overall. (targeting iron ore, uranium, copper)
Im actually a little excited about the uranium at wilcherry. LML state further drilling 50 meters away from the first drilling shows similar potential. So high grade uranium extends further.(high grade Uranium up to 570ppm in first drilling) Thats exciting. And a third drilling is now scheduled on wilcherry uranium in mid october.
Also, 2000 metre drilling program at Torrens project. Geologists have identified a significant "thrust anticline", of prospective bedrock.
Im still waiting for more Wamilla iron ore news. I hope its good.
LML Price at posting:
22.6¢ Sentiment: None Disclosure: Held
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