Not to get too distracted from the up-and-coming gold drilling results and MRE....
...however, a $1 cost option on all these tenements is nothing to complain about. Soiling sampling work has already commenced on these so they will reluctantly have some sampling results before making a decision.
Some other general info on this announcement....
The same vendors have been dealt with in the past - Maxwell Strindberg and Abeh
Neighbouring tenement holder, Lord Resources has an earn-in JV with Minerals Resources.
Neighbouring tenement holder, Kali Metals is presently drilling at their Spargoville project. Mineral Resources holds a 15% holding in KM1
Tenements around BaldHill are now adjacent to Mineral Resources and LTM. LTM have been very quiet on their tenements in this area. It seems they are more focused on their brines and North American hard rock. These tenements are supposedly quite perspective for lithium as they were originally acquired by Galaxy Resources via a court case from the previous Chinese owners of Bald Hill.
Anyway.... gold results are next so let's focus on those upcoming results.
TOR Price at posting:
16.5¢ Sentiment: Buy Disclosure: Held
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