Market cap 4mill
cash in bank 2mill + government funding for explorations in NT
25million shares
last prospectus 12.5mill shares at 20c
company executives hold 8.5 mill
current price 16.5c
ACTIVITIES
AREA:- NORTHERN TERRITORY (RUM JUNGLE)near KOR
frazer north:- drilling complete 103 holes assay results
pending (URANIUM,PLATINUM,NICKEL,COPPER)
frazer phase 1 :- follow up drilling of zinc/lead anomoly
commenced, News once completed
phase 2 :- Rab programme currently underway to test
uranium anomoly
Demonchaux creek :- Samples,mapping and drilling results
expected soon (GOLD)
Ooratippra project:- gravity survey completed report due
NOVEMBER (GOLD,COPPER and IRON OXIDE
:-NT Resources to receive $99,089
towards Survey from government funding
Plenty river project:- prospectivity report due soon
(COPPER,NICKEL,PLATINUM)
TENEMENTS
Frazer project:- 6 granted exploration and 2 exploration
licenses
Ooratippra project:- 9 granted exploration licenses and 1
substitute license
Plenty river project:- 2 granted exploration and 2
exploration licenses
Email'ed company:- Under the strong impression they will
be focusing on RARE EARTH's very soon
due to KOR's REE success in same rum
jungle area
ridiculous upside/Value at current prices IMO
good news flow about to start as exploration steps up
DYOR
Turbo
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