REE 6.67% 1.4¢ rarex limited

Kincora Announces Private Placement to Accelerate Drilling, page-23

  1. 2,495 Posts.
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    We are probably reasonably close to an announcement focusing on holes 3 and 4, but it's probably taking time (similar to the last one) as it's being turned into a slightly more comprehensive mini-report which will be something like:

    "Exciting Progress in the LFB" (or just skip down to page 7 where we talk about Hole 5, we know that's why you're here)

    Kincora excited to provide this update. Just announced CR to support our work.

    Trundle Park
    • Hole 1 - Recap.
    • Hole 4 - Full details.
    • Hole 6 - A likely announcement of what is probably the new Hole 6 and next drilling after the extension of Hole 2 - https://www.kincoracopper.com/media/downloads/presentations/corporate-presentation-7-23-2020.pdf (the white and only remaining undrilled marker on pages 24 and 25).
    • Possible indication of new areas of drilling to follow on from completion of CR - "Near surface, high grade gold and copper skarn potential with causative porphyry intrusion and finger porphyry setting" (p.25, above link).

    Mordialloc

    • Hole 2 - Recap. Extending drilling.
    • Hole 5 - Visuals. We think maybe we're onto something.
    • Hole 3 - Fuil details. We think maybe we're onto something, but it's not here. [Bayleys has all but disappeared in the most recent materials, so this could be an implcation].
    • Possible indication of new areas of drilling to follow on from completion of CR. "Drilling vectoring positive alteration, mineralization & geophysics. Finger porphyry target" (p.25, above link).

    Did we mention we are having a CR? Give us a call.

    *
    Or something like that. Not advice.
 
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