ASX Announcement on 12 April stated AMT survey had commenced and would take approximately a month. Allowing for time to analyse and report the results, this has been well managed. The announcement also stated:
"Following completion of the AMT survey, Winmar will begin a down-hole electromagnetic (DHEM) survey of its six diamond drill holes. The two surveys cannot be undertaken concurrently, as the man-made currents used in the DHEM survey would interfere with the AMT survey."
So, I think progress at Lomero since the CR has been steady and we now have a much better idea of the resource, with more results to come in the current campaign. It is an interesting story, and things are starting to get exciting.
WFE Price at posting:
0.3¢ Sentiment: Buy Disclosure: Held