MTL 33.3% 0.2¢ mantle minerals limited

Ann: De Grey to Drill at Roberts Hill, page-11

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  1. 883 Posts.
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    Look, I think we were all wrong (?). Maybe it is a massive win by long missed good luck:

    https://themarketherald.com.au/why-is-de-grey-mining-drilling-on-site-mantle-minerals-acreage-2023-11-20/

    “De Grey have agreed to drill the license area to test for mineralisation as part of their bedrock investigations for infrastructure purposes,” the company wrote on Monday.

    Close neighbourhood

    Its Roberts Hill project is relatively nearby De Grey’s famous Hemi gold deposit.

    Mantle executives have long suspected the same geology supporting that discovery replicates underground at Roberts Hill.

    And now, De Grey’s presence on-site adds weight to that suspicion.

    De Grey will drill at Roberts Hill under an access agreement executed between itself and Mantle. The latter’s Mt Berghaus project is also covered by the agreement.

    Mantle also retains full rights to all results and follow-up drilling.

    Mantle will be directly provided with data from DEG drillers, which it says will allow for quick integration into ongoing and future drill plans.

    And if there’s any major gold hits made by De Grey, Mantle notes its 2024 will pivot towards that target.


 
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