Ann: Placement and Share Purchase Plan to advance Mt Lindsay, page-152

CHN's Alex Dorsch in today's *:

"You (CHN) also have a stake in Caspin Resources (ASX:CPN), and a project joint venture with Venture Minerals (ASX:VMS). What made them stand out from all the other explorers in the region?
“We’ve kicked the tyres on all our competitors in the province. We think those two are clear standouts,” Dorsch says.
“We are early-stage strategic investors in Caspin for obvious reasons; their tenure predated our discovery, and they have some very interesting early-stage results.
“At Venture’s ‘South West’ project, previous explorers thought that sulphides discovered down were of VMS [volcanogenic massive sulphide] origin. Our model is slightly different; we think there could be an orthomagmatic system.
“That’s why we have selected those two.
“Saying that, we keep an open mind. In the exploration game you never want to run out of options, and you never want to be inward facing.
“We monitor everything that happens in the province, and we will move strategically in response to what we see at the time.”