WKT 2.33% 10.5¢ walkabout resources ltd

Ann: Oversubscribed Capital Raising, page-276

  1. 8,907 Posts.
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    Its been over 4 weeks since the lithium announcement , if a focused on site exploration programmer was to commence shortly ,hopefully management could drop some good news next week? they must be confident about something to go ahead with rights issue now , with a bit of luck Andrew confirms a massive extension to the 27 k of pegmatite swarms see's the share price rise sharply , have a merry Xmas and a prosperous new year.

    The Company will proceed with initial pre-exploration environmental reporting prior to a focussed on-site exploration program to commence shortly

    Structural features are the main controlling factor in the distribution of these pegmatite bodies with shearing dominating these controls as noted within the Eureka shear zone developed in EPL 6308 (Figure 2). These structural controls suggest that there is also good potential for pegmatite development within the southern portions of EPL 6309 and that a NW trending pegmatite swarm noted in the NE of EPL 6308 is likely to continue northwards into the unmapped and undercover areas of EPL 6309. The probability of an additional shear zone running through EPL6309 is also under investigation by the WKT geological team.
    The Company will proceed with initial pre-exploration environmental reporting prior to a focussed on-site exploration program to commence shortly.
 
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