Interesting to re read the announcement again...
"Arafura Resources and The East China Exploration & Development Bureau have also agreed to establish joint ventures and co-operate in additional funding for exploration on all of Arafura Resources’ existing exploration licences.
- Jervis... easy that one.
- Frances Creek... perhaps a look at Union Reefs mill...
- Kurinelli...
Kurinelli is the big sleeper in the closet.
One of the newspapers said that if it was in WA it would have every major fighting for it...
Arafura cant afford to throw the money at it quickly, but with current gold prices and a JV behind it all of a sudden...
read no 2
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