Monday, September 16, 2019 9:50:11 AM
Septenber 15th Press Release with detaila on recent drilling ans assays.
The CEO's comments in the PR:
Clear evidence for potential to expand the published resource at Rajapalot was confirmed during the past winter's drill campaign said Mr. Michael Hudson, Chairman and CEO. The project has recently pivoted to a resource expansion focus, with 83% of the 49 kilometres of drilling completed over the last 3 drill seasons. Nevertheless, we remain at an early stage of testing with drill hole depth averaging only just over 100m. We are permitted to drill across the project area over the next 2.5 years with down-plunge electromagnetic conductors providing excellent potential for very substantial resource expansion. Drilling remains sparse at numerous pre-resource prospects where mapped conductors and gold and cobalt mineralization provide unlimited upside of the total resource potential of the Rajapalot field. Our team is excited about the prospects for the next drill program which will begin after financing has been secured.
The above quote from the PR was by Michael Hudson, Chairman and CEO.
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