HIGHLIGHTS:
Diamond and reverse circulation drilling programme has been approved to test four high priority EM conductors (C1-4) at the E21 Target. Drilling contracts have been awarded and rigs will be mobilised by the end of September.
Aircore drilling program (48 holes for 2,162 metres) has intersected favourable geology with mafic/ultramafic rocks identified. Assay results are expected shortly.
Recently acquired detailed airborne magnetic data over E39/1731 is currently being integrated and reviewed by Newexco.
Moving Loop EM survey over E28 is nearing completion.
Key
SEG Price at posting:
1.4¢ Sentiment: Buy Disclosure: Held