MCT 0.00% 0.2¢ metalicity limited

Discussed previously on 15-09-20 in thread Ann: Best Drilling...

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    Discussed previously on 15-09-20 in thread Ann: Best Drilling Results to date at Kookynie Gold Project

    No definitive date has been tabled for completion. It would seem logical that the MRE would only be calculated at the completion of the current drill program which will be ongoing till the years end and possibly into the new year or upon Jason's satisfaction.

    Extract from ANN March 12 2020.

    "...the Kookynie Gold Project has a total “Exploration Target” of between 294,000
    ounces and 967,000 ounces."

    "Metalicity is working towards the development of a maiden JORC-2012 compliant mineral resource estimate."

    "...I look forward to developing the Kookynie Gold Project andreaching this target in due course."


    AND,

    Extract from ANN October 22 2020.

    As we progress through the resource definition phase for Leipold, McTavish and Champion by upgrading and expanding the pre-2012 JORC mineral resource estimates, we are making great strides at the Altona Prospect which is showing encouraging signs already. However, we must wait on assays to verify our interpretations at Altona. It is also exciting to have gained approval from DMIRS to drill test the
    Cosmopolitan North and Leipold North geophysical targets generated from the drone magnetic survey.”
    “The end of the year is fast approaching, and we at Metalicity are working hard to ensure we finish the
    year off well and set ourselves up for further success in 2021.”



    Last edited by Cand1eStickMan: 26/10/20
 
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