The exploration ground that RVR has as seen in the map below is first class. Multiple Sulphide targets as well as the Joint Venture ground with NRE (see agreement below) makes for a compelling case to increase resource. Liontown is a perfect example.
They are keen to sure up the FAR WEST deposit and LIONTOWN + EAST is looking extremely positive. An outlay of under $1m will see them earn a significant interest in the Joint Venture Blue region on the map and allow them to consolidate the region to themselves.
The Zinc hits in this region are consistent with higher grade zinc and ths satellite deposits are extremely viable given favourable prices.
As I've said before it is a real possibility that they attract a bidder or larger player on their register soon.
RVR Price at posting:
27.5¢ Sentiment: Buy Disclosure: Held
