I have a little more info' to share on the Eelya prospect after asking Les about the depth penetration of the aeromag', his response was that this method penetrates 'several hundred metres' and that there could be more potential over and above what they have identified. The intention is to carry out more surface geophysics once the 9 hole programme is completed and do the first round of geological modelling. When I asked if they may look to acquire more ground in the region he said they had 'consolidated the ground in the region prior to commencing the copper exploration target.
"We feel we have the “lions share” of the prospective ground."
Drewe.
SLR Price at posting:
$3.60 Sentiment: LT Buy Disclosure: Held