re: ann out signs additional agmt for tenements... starting to...

re: ann out signs additional agmt for tenements... starting to consolidate their ground in the north monger area - i think if i read correctly they drilled 11,000m last year (correct me if i am wrong) which is not bad considering that they listed in march - no doubt CZR will do the same and drill the hell out of the ground that they have just picked up - seems they are certainly anxiuos to generate a cashflow this year

The black hill nickel laterite area looks pretty good as well but too low grade at this stage - hopefully the new tenements will have some higher grade nickel on it " The second significant aspect of the new area is that the Black Hill Ni-laterite could potentially extend southwards into it, where it remains untested despite the continuation of the ultramafic unit being observed both in outcrop and on aeromagnetic images".

As always DYOR