I watched the webinar (replay will be uploaded on Alvo's website).
A few points I got from the webinar:
- ALV are funded for the first two parts of earn-in
- ALV have low SOI and are wanting to keep it that way
- Electromagnetic survey (only device and company using in Brazil) to determine saprolite depths (save on diamond drilling to test depths)
- Focusing on the highest value REE, such as Dy & Tb. ALV grades on par, if not, better than peers
- Scoping study/ define resource: Aiming for Qtr 1 2024. If not Qtr 2
- Clearing permits (for low scrub) for additional 200m spaced auger drilling should be received by the end of this week
- 130 auger results likely this month
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- Ann: Bluebush Ionic Adsorption Clay (IAC) REE Investor Webinar
Ann: Bluebush Ionic Adsorption Clay (IAC) REE Investor Webinar, page-7
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MAGNUM MINING AND EXPLORATION LIMITED
Neil Goodman, MD
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