IMMINENT announcements pending - KAU - $8m m/c SOI 33.4m CASH...

IMMINENT announcements pending -

KAU - $8m m/c
SOI 33.4m
CASH $4.2m
Announcement of Geophysical survey results due anyday
Located in Lachlan Ford Belt of NSW between NCM'S Cadia 42moz and Alkane Bodia

Now Downes and Byass are hoping to be the ones to find the next Cadia.And interestingly, Kaiser Reef’s new ground has “probably the densest amount of gold workings of anywhere in New South Wales”, while Cadia sits in number two spot, according to Downes.“I think it’s such a blindingly obvious target to test and it’s over such a big area with such a large soil anomaly associated with it that CRA generated, and no one’s ever tested it for a big intrusive gold play, which I just find is staggering,” he said.
Cadia produced nearly 913,000oz of gold and 91,000 tonnes of copper at an insanely low all-in sustaining cost of just $132/oz.“Against a gold price of $2,200 Aussie an ounce it’s making a couple of billion dollars free cash flow,” Downes said. “I actually can’t think of anything that’s got a higher margin.”

Also LTR to be announcing upgraded MRE anyday
Current Lithium deposit 139 mt - looking to get to 170-200 mt
Only massive Tier 1 deposit left unpurchased by the majors

Both these plays can possibly bag in next few days GLTA