KRR 0.00% 1.1¢ king river resources limited

Ann: Gold Project - Exploration Update, page-2

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    lightbulb Created with Sketch. 507
    looks like there could be an elephant in the room
    please note, my bolding

    "Also KRR has been granted a collaboration with the NT government through the Resourcing the Territory program which will grant up to 50% of the direct exploration costs for an Airborne Magnetic survey over the entire area of EL31634 (526km2).

    This tenement is situated in the highly prospective and contended East Tennant/Barkly Region which has recently been identified as prospective for mineralisation by government precompetitive work.

    The Barkly region extends from Tennant Creek to Mt Isa and has previously been overlooked, due to shallow Cambrian cover rocks, but has since come to the attention of numerous exploration companies including Newcrest"
 
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