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13:05
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Originally posted by Koala1959
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Good update of where they are at - I think shareholders can be comfortable at this early stage that they have a good plan.The initial drill programme includes 250 holes but the two year exploration budget has an allowance for 8,500m. The average hole depth is expected to be 10m. An initial resource estimate is expected from the results of this Phase one drilling and the samples will provide the material required to complete a Scoping Study that should produce a flowsheet for the processing of the resources and an indication of the potential end products that will allow Carbine to engage in offtake discussions. The results of the two commissioned reports indicate that E70/4905 has the potential to host a substantial, high grade, low impurity silica sand deposit. The final processed grade is significant as it meets all the specifications for flat and container glass markets and for foundry glass the top end of silica consumption and the upper price ranges for product.
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is CRB going to go into suspension again and relist?
(20min delay)