Here’s some food for thought.
I have no doubt that the (outstanding i.e. DEG) technical team at CAV are moving as quickly as possible to do the geophys/geochem work at Kookynie so that they can narrow down drill targets and start drilling ASAP.
Money for this will be forthcoming from the upcoming option exercise, so there will be no need for a CR.
In the interim though, all CAV’s neighbours are drilling and it is apparent for anyone who has taken any time to assess the Kookynie region and where CAV’s tenements are located, that there is gold wherever you spit in the areas surrounding CAV’s tenements .
To put MCT’s report of today in perspective, I have placed 2 charts side by side with CAV’s tenements and the approximate distance of CAV’s tenements from the new anomalies discovered by MCT.
I am no cartographer, but my best guesstimate is that they are approximately 800 meters from our tenement boundary.
And just in case you were interested in some of MCT’s preliminary work on Cosmopolitan & its prospectivity, then check out these results from their report of 9 June.
CAV has some really hot dirt, smack bang in the middle of one of the hottest gold discovery zones in Australia.
Bring it on!
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