MLS 0.00% 1.9¢ metals australia ltd

Ann: Lac Rainy Graphite Project Update, page-11

  1. 2,636 Posts.
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    Much potential in the ground..... very little potential in managing same with generic fodder filled announcements.

    October 1 (SGS) .... "Now that the assays for all holes have been received, the Company will be commencing the metallurgical test work program, with SGS Canada Inc. (SGS) engaged to complete the work. Samples have already been selected and are being prepared for shipping to SGS."

    Today ..... "SGS Canada Inc. (SGS) has been engaged by MLS to complete full scale metallurgical and mineralogical testwork on the drill core for the Lac Rainy project. Once MLS has received these results, a further suite of product specification testwork may be conducted ..... to be completed early 2020 conducted"


    October 1 JORC ........ "In addition, the Company has also commenced the compilation of a JORC Compliant resource estimate for the 1,600 meters of strike which has been drill tested to date".

    Today ...... "Following receipt of all assay results, MLS engaged GoldMinds Geoservices Inc. (GoldMinds) to undertake a JORC (2012) Mineral Resource Estimate"

    One would expect that compilation of the JORC back in October, would require the concurrent engagement of Goldminds back then ??


    After receiving all the assay results back in October (as announced) , along with the stated commencement of the compliation of JORC, most people IMO would have assumed that Goldminds would have been engaged back then to undertake same.

    As I said..... Generic fodder filled announcement.





    Last edited by Daripper: 15/11/19
 
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