If there ever was a time of which the RIO backing should be seen in a very favorable light it's now. Already received two sums upfront in cash $500K + $1,200,000(@.255 per share) and they are currently paying a minimum of $3M for current exploration underway.
In the interim CHR holds 100% of the controlled interest of the Lake Johnston tenements.
Ann: Diamond Drilling Underway at Lake Johnston, page-14
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