HIGHLIGHTS Seismic survey over the T5 to Drinkwater basal...

HIGHLIGHTS

•  Seismic survey over the T5 to Drinkwater basal contact recently completed by Ultramag. Data processing and interpretation is underway. Project will qualify for R&D rebate (Figure 1 & 2).

•  Two diamond core holes completed to collect rock properties (density & velocity readings) to augment the seismic modelling process and to confirm position of the basal contact (Figure 2).

•  Mapping of the Carr Boyd Intrusive Complex 50% complete, several new prospects identified with nickel gossan float material located at surface (Figure 3).

•  Phase 2 diamond drilling at T5 Prospect completed, Phase 3 infill and step-out holes underway.

o CBDD042A intersected 4.9m @ 0.96% Ni, 0.35% Cu in feeder zone, net-textured sulphides

•  Additional Downhole Electromagnetic surveys utilising a very low resistance loop highlighted additional potential sulphide anomalism which will be tested in the next few weeks (Figure 4).

•  Combination Reverse Circulation / Diamond Drill Rig has arrived on site (Figure 5) to boost regional exploration along 30km of untested basal contact.

So based on most recent ann we should expect news flow i would guess by next week and beyond? Anyone hazard a guess as to what we could expect next?
And perhaps a back to back green day and some decent vol may suggest buyers getting set for this story to unfold.
Lets hope thats the end of the 4s and well bought if you entered at that range?!
GLA... please be worth the wait????