Is the exploration strategy still "aggressive" as claimed on the company website for First Hit?
Last update regarding First Hit was from the September Quarterly (14/10/2022)
" In the reporting period the Company continued to assess the results from the 3 phases of drilling activity totaling more than 15,000m which have taken place on the First Hit Project (“First Hit Project”) since acquisition in the March quarter FY21. Due to the large amount of drilling and expenditure undertaken on the tenements over the previous 18 months, they remain in good standing whilst the Company determines the next phase of exploration activity. See Appendix 1 for the list of tenements held by the Company in Australia as of 30 September 2022.
The Board is reviewing the various gold and potential lithium targets on the First Hit Project Group of tenements and is seeking to determine the most effective methods to assess them to add value for shareholders."
VKA Price at posting:
0.7¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)