Chalice drilling will likely show graphitic intervals, not sulphide mineralisation, therefore unlikely to move the price.
We will likely know before christmas the results of GXY's GPR testing. That will give a notion of how widespread subcropping pegs are at Ravy, if it shows a significant aural extent this will open at 20c that day and run to 50c.
Ann: Exploration Drilling - Mt Cattlin North Project, page-29
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