King River Resources has pocketed a timely research-and-development (R&D) tax rebate of more than $361,000 as it ramps up spending on a 10,800m reverse-circulation (RC) drill program at its prospective Tennant Creek East copper-gold project in the Northern Territory.
The program, which is set to kick off this week, was delayed for several months due to flooding rains, but has been designed to test 13 prospects within three of the company’s Top End projects. today mate .
Ann: Update - Notification of buy-back - KRR, page-5
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