M24 0.00% 1.8¢ mamba exploration limited

Summary & News Flow 13/9 conference Calyerup Creek Project•...

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    Summary & News Flow 13/9 conference

    Calyerup Creek Project
    • Initial RC Drilling completed
    • 27 holes intersected significant mineralisation
    • RC Drill preparations for follow-up in Q4 advanced

    Darling Range Project
    • Drilling intersected disseminated sulphides – do not explain VTEM anomalies
    • Ground EM planned for the current quarter
    • Drilling planned for late Q4 2022 / Q1 2023(after crops harvested)

    Kimberley Project
    • Geochem sample analysis underway
    • Detailed AEM survey scheduled for next month
    • Pending results, ground EM and drilling in 2023 fieldseason

    Ashburton / Gascoyne Project
    • REE targets identified
    • Surface sampling of anomalies Q4 2022

    workplan doesn’t scream urgent to me.
    management/exploration spend ratio about 50/50 which screams lifestyle or indifference (read lifestyle)
    cash reserve ? Not much spent on the drill.
    the presentation reads like the original in February 2021

    if you believe the information provided then the projects look positive.

    A lot of emphasis was placed on Black Hills but
    •• •Due to land access limitations only the second order northern target has been drilled
    Recently gained access to Priority 1 Southern TargetGround EM scheduled for Q3Drilling Planned late Q4 2022 or early Q1 2023 after crops harvested

    sleepy hollow
 
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