In addition to the Placement mentioned above, the Company intends to issue up to $214,000 of Shares to Directors of the Company and other significant shareholders who require Shareholder approval – Shareholder approval will be sought at a meeting of shareholders to be convened in the coming weeks.
Follow-up IP geophysical survey has extended the chargeability zone by
1200m to the south on the Paradise Dam Prospect
A six-hole reverse circulation (RC) drilling program at the Peake Project
testing the Paradise Dam Prospect (formerly Target AC23 & AC24) has been completed.