GCR now have King Eagles tenements and in GCR's announcement on...

GCR now have King Eagles tenements and in GCR's announcement on 23 May 2007 they state:

"A joint venturer-funded, 5,000m aircore drilling program is due to commence in July 2007 at KER’s Mulga Tank property, 45 km west of the Mulga Rock uranium deposit near Kalgoorlie, WA. The drill program will test approximately 7 sq km of EM-defined palaeo-drainage systems, with potential for Mulga Rock-style uranium deposits (10.8 Mt at 0.12% U308)." AND

"Mulga Tank also has potential to host a large Mt Keith-style sulphide nickel deposit (517 Mt at 0.54% nickel). Previous drilling at Mulga Tank, within a circular magnetic anomaly 4 km in diameter, identified an extensive mineralised zone averaging between 0.2% nickel and 0.5% nickel, with RAB samples assaying up to 2% nickel."

Time for GCR to get back into the winners circle.

GC