Great post, Slammer. Thanks kindly for the update.
They are chasing another Ernest Henry IOCG deposit at Leichhardt. In addition to the Cu-Au, this deposit is enriched in medium-grade cobalt, a critically important transition metal, that has more than doubled in price in the past year. Punters are going mad over cobalt at the moment. Evolution stumped up almost a billion dollars for a 30% stake in Ernest Henry last year, so yeah, definitely worth a drill hole or two.
Cheers re: Lawn Hill update. I think you were right, mate. Bloody government flying a kite to do the airborne EM. Ha, ha. Hopefully, they receive the results shortly and can process them in time for the March quarterly report (due at the end of April). Maronan aside, this is the most eagerly awaited drill program of 2017. Multiple, shallow, zinc targets in the right area.
Woolatchi pre-Easter? 3 weeks away.
It has been a long wait, but plenty of action to come over the next 6 months.
Great post, Slammer. Thanks kindly for the update. They are...
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