EIS 50% cofunded, drilling deep is expensive at $400k a hole. But MRP wants to convince the market that their have a Mt Charlotte type prospect with a strike length of 1500m, but we have no idea how far the depth of mineralization goes. Mt Charlotte depth was 1200m, if see mineralisation extends to 1000m that will exploration premium on the share price.
EIS 50% cofunded, drilling deep is expensive at $400k a hole....
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