This is Music to the ears ......
"the company will continue with some small-scale exploration in the mining lease area, generating some tonnage containing high-grade ore that may be sold to Minjar and thereby generate cash flow. Cannindah Resources Limited will continue to work through the significant amount of existing data sets covering the Piccadilly Mining District to ensure that the upcoming drilling is highly targeted and expands outwards from known mineralisation.
Executive Chairman Mr Tom Pickett stated, “This puts Cannindah in a very different category as far as some other small cap exploration companies are concerned, as we are able to commence drilling from confirmed mineralisation (some of which is very high grade), rather than from an area where mineralisation is thought to exist such as a greenfield paddock area.”
We are very focussed on delivering a great outcome for shareholders over the coming weeks and months ahead, as further work occurs in relation to the EPM area along with the ML.
They have teh Gold and they know how to generate Cash pretty quick!!!!!!
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