GCM green critical minerals limited

Ann: STRATEGIC INVESTMENT IN RED FOX RESOURCES, page-15

  1. 5,729 Posts.
    lightbulb Created with Sketch. 2521
    Went for a look-see on the Rox website, and Rio can go to 75% of EPM26332 by spending $3.5m. This covers the E1 target (I think, but its right on the border of EPM26332.

    Rio don't have JV over other EPM's which is great because the other EPM's look pretty good to me.


    https://hotcopper.com.au/data/attachments/2616/2616892-7336332a3bd86dce0d16213b76fd223c.jpg

    Here's some other cool stuff about our surroundings. Right next to "E1" target highlighted in blue, is a block that does not have any permit name/number associated with it. Let's hope Rox have either applied for it, or will apply for it in the future. EPM 8609 is held in the name of MOUNT MARGARET MINING PTY LTD which seems to be related to Glencore.

    Looking at google earth there seems to have been some activity there.


    https://hotcopper.com.au/data/attachments/2616/2616910-e88f8bebad4f1001907fc8c6736cdca5.jpg

    Also an interesting PDF from Glencore mentioning E1. Glencore paid $175m for E1 plus Monakoff tenements.

    https://www.ernesthenrymining.com.au/en/Publications/FactSheets/120227_Fact%20Sheet_Mount%20Marget%20Mining%20Project_FINAL.pdf


    We could be onto something big here...Need to do some more digging...but looks promising.

    Flying under the radar is an understatement, imo


    Last edited by HomeBrand: 03/11/20
 
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