What is very significant about this announcement from MCR is, to my knowledge, it is the first time since VRE went into receivership Mincor has mentioned the name of the partner. To my mind the below statement would indicate that they now look upon VRE as a going concern!
"Carnilya Hill is operated as a joint venture between Mincor and View Resources Ltd. Mincor holds a 70%
interest in the joint venture, and is the operator."
drilling continues at carnilya hill, page-2
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