Drilling will be delayed due to the wet spring delaying...

Drilling will be delayed due to the wet spring delaying harvesting of the farmers' crops. Now expected to start in January.
Rare earth minerals was not talked up at all - too early to assess if it will be profitable. The Kaolin resource is good quality - enquiries re supply have been received from China. Will come down to pricing.
Activity centred on graphite. ANZAPLAN analysis of the Sugarloaf ore is expected in January - optimistic that the results will be favourable. No estimate of the size of Lacroma as only 1 hole drilled. The rock from that drill matched Campoona so great confidence in a major improvement in resource volumes once this latest round of drilling is completed.
The Campoona (& Lacroma) graphite is ideal for the oncoming battery revolution and with an environmentally friendly means of processing should appeal to battery manufacturers. Before they sign up they want 5 times the annual volume of our current mining licence and a mine life of 20 years. This next round of drilling if successful could well be the making of our company.