“I am very pleased with the diligent work carried out by the Viridis team, resulting in themobilisation of rigs and commencement of drilling within 6 weeks of signing a potential Tier-OneRare Earth Acquisition.This program is critical to understanding the extent of mineralisation of the Colossus Project, as wecan now drill up to a depth of 20 metres into the ‘REE Accumulation Zone’ to see the real potentialgrades and optimised recoveries of Ionic Rare Earth Mineralisation.The recent success in our due diligence sampling and review of exceptional historic drill holes hasprovided Viridis with numerous high-priority targets. We will now execute our multi-phased drillplan with a goal to establish Colossus as a globally significant deposit."
Nothing yet in the market depth to reflect which way this will go but watching intently...
