Anybody shared with head office Re the delays with results from Blackstone assays seem way overdue now and could be very positive to SP and company progress the recent 22cent placement in RDS to sophisticated investors seems a bit boys club to me thoughts anyone ?????
From the latest Qat
BLACKSTONE RANGE FARMIN/JOINT VENTURE, Halleys Project (E69/2108
and E69/2109) (Farmin with Resource Mining Corporation Ltd (ASX: RMI)
Redstone 90%: RMC 10%)
A Reverse Circulation (RC) drilling programme of the Halleys Cu-PGE-Ni prospect
was completed during the quarter. The programme consisted of 3 holes to a depth of
300m focusing on testing the thick intercepts of disseminated Cu-PGE-Ni sulphide
mineralisation identified by the Company during two previous shallow drilling
programmes.
The objective of the drilling was to also test a large EM anomaly which was identified
from a ground electromagnetic (EM) survey conducted by the Company.
The drilling campaign was designed to assess the potential for economic
mineralisation at depth testing the down-dip down-plunge position at the Halleys
prospect.
Drilling was completed in April and assaying of all the drill holes has not yet been
completed.
RMI has elected to retain a free carried joint venture interest of 10% until Redstone
completes a feasibility study.
Happy Days
GB:)$$$
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