As Tibbs was saying, that area is loaded with IO! Also IMO just those 2 areas could be very well a company making project!
HEM's leases:
* E47/1904 lease used to be part of RIO's E47/1236
* E47/2110 lease used to be part of RIO's E47/1330
The compulsory surrender of blocks under Section 65 of the Mining Act now forms HEM's leases. BTW: If a ballot is won, its already in the bag. HEM's former lease E47/1904 was announced to market that they won the ballot 16 days after the ballot draw. Expect a formal announcement late next week.
Below are details of the cash that RIO had spent on the former RIO leases.
You will see a small amount of money spent on the first one, but seems to me that their new ballot win is virgin ground! Expenditure exemptions left right and centre!
E47-1236 - RIO's Expenditure
E47-1330 - RIO's Expenditure
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