Ann: Standout Intersection Bolsters Droughtmaster Potential, page-9

Yes ntm Percheron was where they wanted to start drilling but Mandalay had been dragging the chain on drill and mining permits for that side of the property and in doing so have delayed the option sign off, interestingly the 9 months to execute the option signings will be up on the 10th June to just begin the initial 18 mth option period (nothing has been announced yet so I assume that will be coming soon) the way it’s going this will not cost Equus anything at all on care and maintenance until they actually take over sometime late next year and start mining and this new high grade vein will add multiples on net returns over the bulk tonnage most likely coming out of Taitao.
Lots to look forward too, here’s hoping for a good result on the next few holes to confirm what they believe they have.