Well it's been nearly 2 years ago now!
(The tender opened on 29 October 2019 and closed on 14 February 2020.)
And if you look at the situation that Victoria is in now economically speaking, one would think that they would welcome exploration with open arms as they will need the money more than ever. Fingers crossed KZR are successful in their tender, no guarantees but in with a good shot.
From the Vic Govt website:
"Most of the undiscovered gold in Victoria is likely to lie at greater depths than has previously been exploredThe Geological Survey of Victoria estimates that there may be up to 75 million ounces (Moz) of gold yet to find in the central and north central Victorian goldfields. This compares with the 80 million ounces of gold mined from the area over the past 160 years."
Throw in the WA tenements and an under 200 million share registry it bodes well for future upside.
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