* First Point
Another milestone hit..
1) Drilling of Targets 5 and 6 commenced... They said this would happen in June.
They are also doing some follow drilling to extend Target 1 which is great.
* Second Point
1) Facilities are available at Port of Wyndham without any further investment by either Port or LMB. Great for their capex costs to go into production.
* Third Point (Very Important)
Metallurgy. "The work to date has been encouraging" Results will be reported shortly... Additionally they believe they can produce a high grade concentrate of chemically pure flake free of bad trace elements.
This will give them a premium product.
* Fourth Point
Application of Mining Leases is ongoing. Also commencement of pre and feasibility studies. Expectation that these will be completed within 12 months. And now they are seeking offtake partners.. Good steady progress.
Another great annoucement from Lamboo on progress outlining progress being made at a rapid rate... Remember this thing only relisted less then 12months ago as an explorer. I would expect news in the coming weeks on the drilling program and metallurgy, so the consistent news flow continues..
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* First PointAnother milestone hit..1) Drilling of Targets 5 and...
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MANTLE MINERALS LIMITED
Nick Poll, Executive Director
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