LMS 12.5% 18.0¢ litchfield minerals limited

I would expect a Silver King drilling announcement/ update from...

  1. 1,960 Posts.
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    I would expect a Silver King drilling announcement/ update from LMS sooner than later. There certainly has been some heavy rain in the area recently, but with temperatures running around 35-40 degrees C over the last few days the ground will dry out quickly and some track washouts near the major creeks will be graded back to normal quick time, the cattle farmer needs the tracks in prime condition for the cattle haulage trucks.

    The drillers are ready to go from what I understand, but the drill pads need to be formed 1st up, that won't take long once the graders can get in after the track dries out. Exciting times ahead.

    Just to demonstrate the amount of money spent by Newmonts Tanami gold on their Mine/camp and airport, yes, its a real aiport for FIFO workers and others see some sat images below. The infrastrucure is amazing considering many people still think the tanami area has bugger all infrastructure.Their operation is about 190km north west of the Mt Doreen LMS tenement. There is a major gas pipeline to the Newmont operation running along the Tanami Road that also intersects a portion of the Mt Doreen tenement along Tanami Road.

    https://hotcopper.com.au/data/attachments/6041/6041268-938009dd5680109eb20907d3fba89740.jpg
    https://hotcopper.com.au/data/attachments/6041/6041269-0cdea32fe2464d52d0430e1aef2a6458.jpg

    You can see a landed jet on the tarmac. You can see the extent of it on Google Pro maps. Hardly in the middle of nowhere!

    The new Arafura Critical minerals beneficiation plant funding has been announced and aprrox $1Bill will be spent on it employing 300 people and backed by Gina Reihardt. 3rd party feed ore can utilise the Territory and Fed goverment facility to process ore into end product without having to send raw ore oversees for processing. A very crucial step forward by the goverments and a major win for the mine developers in that region.

    This plant is very close to the Mt Doreen project, roughly less than 2 hour trucking distance.
    Looking forward to the imminent drill update.

    Cheers,

    HR ... no advice given or intended, just some publically available useful information.




 
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