KRR 11.1% 1.0¢ king river resources limited

Ann: Completion of Whitewater Lease Pegging, page-16

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  1. 1,770 Posts.
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    MM
    Mt Remarkable is a location all on its own, as much as the others. They are all quite spread over the whole 3000sq klms. Any upcoming as you say reconnaissance or exploration results will most likely be relative to those specific areas and not Mt Remarkable inclusively. Yes i cant see any reason the new tenements wont be granted other than the usual heritage survey hold ups that can happen from time to time.
    However still minimum 5-6 months away until granted. The last two prospecting leases i pegged took 9 mths to be granted and were in pending status until then. Exploration leases can go through processing quicker but these are large areas and not fast tracked quite so easily.
    Im certainly not intending to put a downer on this new growth plan but im just being realistic as patience will be required here. Its clearly a rich area and a smart move to take up more highly prospective ground that already has a history of gold hits and high grade rock chip samples.
 
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