In an otherwise quiet GIP quarterly report, whilst bankers await their technical reports prior to seeking credit committee approval on our tantalum, tin & feldspar project, and tin production starts to ramp up, there was yet another small but meaningful glimmer of hope buried in the Eritrea update ;
" The Rabat prospect located in the southeast corner of the Adobh a EL, contains some old workings dating from the Italian colonial era. Rock-chip sampling of veins returned some high copper values. Of 17 samples collected, 11 returned values of between 1.8 to 4.76% Cu "
Previous quarter was ; "have yielded gold values in rock-chip sampling of up to 29g/t."
The mind boggles at what a diamond drill core may reveal one day.
Meanwhile, patiently waiting for those Banks...........TPG
AR1 Price at posting:
1.0¢ Sentiment: Buy Disclosure: Held
