LSA 2.04% 10.0¢ lachlan star limited

A Koojan announcement is up in the air regarding timing, the...

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    A Koojan announcement is up in the air regarding timing, the ball is in LTR's court as we await them to give confirmation of the demerger details. Presentations would suggest its progressing well, hopeful for a late Q3 early Q4 update on it.

    "Follow-up geophysical programs including ground EM, IP and detailed aeromagnetics designed to definebedrock targets for drill testing will now be planned pending confirmation of the Koojan JV Project being partof the demerged entity proposed to be listed on the ASX."

    I would expect further Killaloe announcements to drop first, confirmation on commencement of drilling as a follow up on the recent rock chip sampling.

    "In addition, reconnaissance fieldwork completed within tenement E63/1018 has highlighted targets forfirst-pass drilling. The presence of previously untested historical gold-silver workings as well as the nickelanomalism associated with ultramafic lithologies in the west of the tenement highlight opportunities for 2new mineralised zones to be identified. The Company has secured a drilling contractor to undertake amaiden 1,200m RC drilling program to commence at earliest opportunity"

    The above quotes taken from recent announcements on the respective projects
 
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