ASO 22.2% 1.1¢ aston minerals limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-6

  1. 1,400 Posts.
    lightbulb Created with Sketch. 1035
    The Quarterly , as expected , was just a comprehensive summary of previous News releases .
    However ....on a risk v reward basis , the next news releases ( whether collectively or separately ) will be far more price sensitive ....
    Coming are : ( as extracted from 31st Jan Quarterly ) :
    Nickel
    A total of 11 drill holes for 4,896 m of drilling to date have been completed across three sections of the Boomerang Target. All of the three sections have nickel sulphide mineralisation identified in logging and verified through handheld XRF. A total of 20 holes are currently awaiting analysis at the assay laboratory.Aston is imminently expecting results from DDED21-075 which contains 730m interval of host dunite intrusive unit, starting 20m below surface. The hole is currently being extended to depth of ~1,200m.
    Personal CommentThis drill hole is the first to enter into the centre of the separate wider /deeper /longer magnetic target at Boomerang .
    Gold
    A multitude of batches of assays are pending from the ( EDELSTON Main and Sirola (Prospects, which we anticipate receiving during the March quarter.
    So a truck load of results . As always , Assays may or may not give the hoped for rewards ...but if they identify with and /or improve the earlier results ( both nickel and gold ) , there should be a vastly different basis on which a further capital raising would be considered ....and a much "hungrier" set of Investors to tap into .,,, both Institutional and/or private investor .
    We won't have much longer to wait .
    AIMHO
 
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