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reply from Don Trigs at WML, page-6

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casa397

31 Posts.

23/06/18

11:51

Post #: 33901110
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Originally posted by PapaLaz ↑

Further response from MD
I know that your query of the 21^st May 2018 as to Woomera Mining Limited’s share price was answered by our Exploration Director Mr Don Triggs on the same day. Don also asked me to see if I could also respond and I apologise for not doing so until now. However there are mitigating circumstances – the internet from my home has been out since 10^th May with the internet provider blaming Telstra and Telstra having first admitted a new line was needed, reversed that opinion to say it was the providers problem. Three iterations of the toing and froing and six weeks on and still no resolution.

I have read Don’s response to you and agree with everything he wrote. We listed on 5^th March 2018 and since listing have worked steadily to be able to commence our planned exploration activities. In the Musgraves which our priority exploration area, we have built a solid relationship with the Native title holders that led to the signing of a Native Title Mining Agreement. That agreement specified that certain notification periods had to be observed. We in good faith honoured those notification and response periods. The resultant delay, whilst frustrating, ensures we honour every aspect of our agreement.

We expect to be in a position to commence ground activities within the next few weeks starting with moving loop electromagnetic surveys over 7 drill targets then drill some 4,000m of reverse circulation drilling to test those targets.

I WA we applied for 2 new tenements one adjacent our Cowan tenement and one at Ravensthorpe that are both prospective for hard-rock lithium.

Our initial lithium target is Pilgangoora which lies south-west of Port Hedland. We again need a Native Title Mining Agreement before we can commence ground activities and hope to have an agreement in place in the next few months. We plan to do reconnaissance drilling soon afterwards.

Another priority drill target is Labryinth near Kingoonya in South Australia. Again we need a native Title Mining Agreement in place before we can commence ground activities. As Don indicated there can be no shortcuts and it takes time to meet, gain an understanding of each other’s wants and to reach agreement.

We believe we have some very good assets and given time we believe our exploration efforts will bear fruit for the benefit if all shareholders.
Appreciate your efforts and response.

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WML Price at posting: 10.0¢ Sentiment: None Disclosure: Held
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reply from Don Trigs at WML, page-6

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

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White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

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reply from Don Trigs at WML, page-6

Top Stories

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

BCI reaches close of funding facility for salt-first part of Mardie project

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Buxton projects new graphite province discovery at WA Narryer play

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News