Nice to see this mob actually drilling something for a change...................good ground with reasonably well developed targets.
Directors stump up $195K, via non-brokered capital raising. The Company is now fully funded for the planned drilling program.
They needed cash no doubt, and now they have it, drills are turning. Could find something decent.
- Company has commenced drilling at a number of its targets at the Kalabak project, where it has the right to earn up to a 75% interest.
- Sbor target is defined by a coherent gold in soil anomaly, measuring approximately 400m by 400m. The gold anomaly is also coincidental with both molybdenum and copper soil anomalies, as well as strong argillic and phylic alteration at surface.
- Sheeted and stock work quartz veining (refer figure 1 and 2), which has been mapped over the target area is indicative of a porphyry system at depth.
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Nice to see this mob actually drilling something for a...
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