For anyone who wants some cheap CNBshares sub 30 cents, Now might just be the time
Fully cashed up with $8.3 Mil (and more on the way)
Directors “skin in the game” and Top 20 hold 30%
Second drilling campaign underway at Strelley @pilbara: Next to DEG Hemi Discovery
442 km2 of land tenements in the highly prospective Mallina Basin of Western Australia, northeast of the Hemi gold discovery of De Grey Mining Ltd (ASX: DEG), which has taken DEG to a MC in excess of 1$ Billion. This is Australia’s newest major and under explored gold district.
“Negotiations to develop, profit share or sell the Tick Hill open pit project are in progress” (Possible extra $15 Mil)
Extensive copper-gold mineralisation is present over 70 km of Iron Oxide Copper Gold (IOCG) targets within Carnaby’s tenure south of Hammer Metals (HMX) new Trafalgar copper gold discovery
The Malmac Gold Project covers 810 km2 within the northern Yilgarn margin mobile belt (highly prospective Yilgarn Margin of Western Australia) . The tenements are focused on the Imbin rift associated with the highly mineralised Glenburgh Orogen with host rocks similar in age and geology to the Karalundi Formation that host Sandfire Resources Ltd’s (ASX: SFR) Degrussa deposit.
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Bruce Garlick, Executive Chairman
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