They must be certain about the outcome of the rock chip samples if they are already commencing the preparation of the work:
MinRex Closes in on Securing East Pilbara Tenements
Final conditions precedent to the settlement of the highly prospective East Pilbara Tenements
expected to be completed in the near future, with key shareholder approval already secured.
Rock chip samples collected from East Pilbara Tenements have been delivered to the Lab for
assaying.
Initial program of works is being finalised to commence work on the tenements as soon as is
practicable
MinRex Resources Limited (ASX:MRR) (‘MinRex’ or ‘the Company’) is pleased to announce that the final
conditions precedent to the settlement of the acquisition of the East Pilbara tenements are expected to be
completed in the near future.
Rock chip samples from the East Pilbara Tenements, collected prior to Christmas, have been shipped to
Perth and have been delivered to the Lab for assaying.
In anticipation of the pending settlement of the East Pilbara tenements, MinRex has commenced the
preparation of an initial program of works, with a view to commencing exploration of these highly
prospective tenements as soon as is practicable following settlement.
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