I don't think we will get any startling drill hits (unless we are lucky!) but it will sure up modelling, estimation of resource & extension possibilities for mining. Data & drilling that they have compiled over time will also have a lot more substance - direction. More importantly, they will have some funds to go hunting at Red Dog & Ibis which appear to have quite a bit of potential. I don't think at this stage that they appear to be worried as they will be guaranteed next years exploration costs. The interesting item I noted was the moly project being reviewed - interesting to see how that unfolds. Zamia spent a lot of time / focus on this project. Possible scope for advancement could be significant but see after the initial review has been completed - hopefully to be released soon.
QXR Price at posting:
1.7¢ Sentiment: Buy Disclosure: Held
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