"Additionally, given the recent discovery of outcrop and sub-crop high grade hematite as announced on 20 September 2024, geologists from RSC have also commenced the third phase of
detailed mapping and sampling. This field work will initially concentrate on and around the area
approved for drilling in the POW and will then extend out across the entire project area.
The aim of this field work is to identify additional high grade hematite outcropping and subcropping in additional areas of interest identified in the magnetic survey conducted in July 2024
with the intent of refining targets for the RC drilling programme"
The results of this project-wide sampling and mapping programme will also assist the Company
refine its planning for its Stage 2 drilling programme, which is anticipated to extend into the
northern target area."
This will be the next announcement, I reckon and with similar resukts will put another rocket on the price.
(20min delay)