RR1 0.00% 1.1¢ reach resources limited

Ann: Fine Grained Alkaline Igneous Host of High Grade Nb/REE, page-38

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  1. 296 Posts.
    lightbulb Created with Sketch. 63
    Great interview. Thanks for sharing. A quick summary below (probably missed some things)
    • Paynes Find
    • Currently doing work in preparation to monetise the Paynes Find gold
    • A satellite pit has come up with additional ounces (announcement coming soon)
    • Potential for a significant gold resource
    • Potential to partner with larger player
    • Concurrent focus along with Wabli Creek

    • Wabli Creek
    • Team currently doing a mapping exercise
    • Heritage approval announcement out next week
    • Drilling likely to be in October

    • REEcycle
    • Just received a $5.2 million US Government grant
    • Hoping to provide a shareholder update in the near term

    • Other
    • Not doing anything with Manganese at the moment but it has strong potential (will look at options next year)
    • Delta commenced drilling on Morrisey Hill last week
    • $6 million in cash
    • Looking at other projects (interested in Copper) but not jumping into anything needlessly
    Last edited by cliffo76: 16/08/24
 
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