Our NED attempted an in-house op selling a part of the Carmen 1807 tenement to ULEX RECURSOS SL (currently no 3 holder). The Gov didn’t approve the transaction, as Steven just mentioned in today's investors presentation, but technically and commercially speaking the tenement remains integrally an RFR asset. The Santa Comba PFR stated that “a recent drilling program has demonstrated potential for hosting a high tonnage-low grade Ni deposit.” Given that the recent work plan presented by our subsidiary GTT mentions that it will “continue with geological research and mineralogical studies of the W-Sn deposit and the Ni-Cu-Co anomaly” we should hear about this soon.
Our NED attempted an in-house op selling a part of the Carmen...
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