Also IBIS is a next stage RAB/RAC drilling project which looks just as interesting as Red Dog. Soil geochemistry did highlight levels of gold & even higher levels of arsenic. It is also appears to have a bit of size to dimensions - about 600m in diameter at least / heading towards Belyando which is about 2km north (who knows where it will go at this stage?). It also about 1km west of Anthony.
In the latter years, Zamia was also considering various options for further recovery of gold from the Belyando heap. They had planned a scoping study to investigate the commercial viability of a small operation. Not sure what happened with this ? Another one for Roger to work out along with Anthony which looks a very interesting project. As the old saying goes - hoping to turn pigshit into strawberry jam! There is a lot of scope on his plate - interesting times over the next 6 months.
QXR Price at posting:
1.5¢ Sentiment: Buy Disclosure: Held
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