DEV have got a great tenement south Julimar - E70/5364. Its got great big aeromag target on it that's under a great big hill (GBFH) 4km x 3km. The GBFH is very resistant to weathering and erosion to the extent the Avon River has taken a detour around it on both sides. The WA Geol Survey map it as a "hill covered in gravel".... but gee, I wonder why the GBFH is so resistant to weathering and erosion and what could it be made of? Hhhhmmmm ... Banded iron formation? Mafic / Ultramafic? Why do we like Mafic / Ultramafics at Julimar? ..... ..... Bueller... Bueller?
It could well be DEV is looking at seriously ramping up its exploration expenditure so to burn $5m every 6 months. But if you're not happy a smiling CBA bank concierge will welcome you and tell you what the best possible rate is today.
Ann: Trading Halt, page-35
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