I have just had a read of FRS announcement about their resource increase.Part of it reads.
Reconnaissance RC drilling is planned on new exploration targets at Davidson Creek in conjunction with the WA Government funding initiative to support mineral exploration and new project development.
That to me reads that UMC could also get funding from the WA Government for a drilling program if they wanted to.
Regards Westcott.
UMC Price at posting:
$1.02 Sentiment: None Disclosure: Held