ARH 0.00% 0.5¢ australasian resources limited

Yes Peter and i can report that there is 4 diamond drill rigs...

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    Yes Peter and i can report that there is 4 diamond drill rigs and 4 rc drill rigs currently drilling on the Citic site. I believe there is also 1 drill rig drilling on ARH site. With the amount of activity going on in the Balmoral area with 8 drill rigs in operation, going by Citics announcement to Hong Kong stock exchange it would be a fair bet they would drilling to prove up to an additional 5 Billion ton of magnetite as per their notice. That in turn would garuentee the construction of Cape Preston port facilities and associated infrastructure. ARH are in the envious position of being able to capitalise on this future development.
 
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