Very interesting, this is considered "significant" and I suspect it will be so. Also note it is a farm-in
JV! I suspect it is to do with either money intrusion or REE as Dean has hinted to earlier.. either way, DRE looks to be getting significant spend on a non-core asset.
Hello Goldfinger,
Firstly thank you for your continued support.
I will be mobilising with the team and RC rig over the weekend with drilling to commence next week. With the field season in swing and extra funds to advance exploration along side the Star of Mangaroon production we anticipate regular news flow for the remainder of the year.
News flow will be in regards to:
- Progress on SoM pathway to gold production
- Drilling and assay results on the gold mining leases
- Drilling and assay results on gold discovery focused work at Mangaroon and Illaara
- Exploration updates regarding gold target generation and definition at Mangaroon and Illaara
- Any progress on commercial deals (Money Intrusion, Critical Metals etc) as appropriate.
(20min delay)