Great post Charlie123 in regards to the Gemco tenements this is what is required when you submit your application for an exploration licence.
Part 5 FIRST YEARS PROGRAM AND ESTIMATED EXPENDITURE, you need to provide details of a realistic exploration program??
Part 6 DETAILS OF PROGRAM FOR SUBSEQUENT YEARS.
Link attached http://www.nt.gov.au/d/Minerals_Energy/Content/File/GuidelineEL_SEL_Auth%20for%20Explore.pdf
So I would suggest that the people of groote eylandt go and ask GEMCO for a consultation cause they have only 9months to go before the 1st year is over.
And we all know that there is no cowboys allowed on the eylandt.
callback
GOT Price at posting:
50.0¢ Sentiment: LT Buy Disclosure: Held