It is interesting to note today's announcement by Estrella Resources (ESR).
Instead of further depleting the remains of our original AU$ 15 million exploration fund floundering about in the further pursuit of uncertain hunches, could we not conduct a next-generation world first geophysical survey of the type to be conducted by ESR over its Carr Boyd Project to collect time-domain data covering our entire territory via audio-frequency-magnetic (AFMAG) time-domain data? ESR notes that this process will vastly improve the depth and quality of investigation in detecting drill targets at its said Project. Perhaps our Management could consult Canadian -based geophysical firm Expert Geophysics to obtain further information about their services and what enhancements makes them "world first".
I recall that MXR may have undertaken some kind of helicopter-borne electromagnetic survey in the past, but the type of "next-generation" survey as referenced by Estrella must be something different and more advanced.
MXR Price at posting:
3.2¢ Sentiment: Hold Disclosure: Held
