The Company commenced drilling activities on the Darling Range Project, Nickel. Copper , PGE and the Calyerup Creek Gold Project during the quarter, while also progressing the Kimberley and Ashburton Projects through geochemical sampling and data compilation. The Black Hills Project area is located approximately 30km east of Chalice Mining’s Julimar discovery (Figure 1), north-east of Perth, WA. This area will remain a priority for the Company. The initial RC drilling identified a number of narrow zones of disseminated sulphide mineralisation in the first two holes (see M24 ASX announcements dated 20th and 22nd of December 2021). The RC drilling intersected the interpreted mafic / ultramafic intrusion that is considered to be key rock type for hosting mineralisation similar to that found by Chalice Mining at the Jilimar discovery. Assay results for the initial RC drilling are still pending and are expected to be received in the coming weeks. Well funded with about $4.4 million and with a SOI of around 61 million. Not sure how it is still only trading with a $12 million market cap. M24 is a speculative stock without the speculation it seems
