We have enough cash for doing things:
• $5.3M working capital at the end of the March Quarter.
We wait and see
During the June 2022 Quarter, Castle is planning to:BATTERY METALS• Conduct RC drilling at the Kambale graphite project to better define mineralisation, identify zones of higher quality graphite and to identify sampling zones for Stage 2 test work;• Complete a ground EM survey and commence RC drilling at the Kendenup graphite project to test for new and for extensions to existing graphite zones;• Commence at Woodcutters a geochemical and rock chip sampling program to follow-up several areas of lithium and coincident indicator elements anomalism; and• Undertake on the Wilgee Springs lithium licence an initial orientation soil sampling program and geophysical investigations:GOLD and BASE METALS• Undertake at the Earaheedy base metals project, Withnell licence, a close-spaced soil sampling program ahead of planned RC drilling;• Conduct at Polelle an aircore program to fine tune several priority gold and base metal targets:• Initiate at Success Dome a preliminary phase of geochemical and rock chip sampling toinvestigate high-priority targets for gold and base metals;• Implement at Beasley Creek a detailed geochemical soil sampling campaign over two high- priority gold ahead of planned RC drilling and the investigation of two lithium targets; andCORPORATE• Continue to assess opportunities to grow the Company’s interests and especially in the Battery Metals area.
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