I'll be keen to see exactly what nuggets have been coming out of these conglomerates.
The MRB, if present, can be hard to determine based on aerial surveys and depending on how the land was stretched or broken when pushed up as a dome. Exciting!
The watermelon seed nuggets that were presented to Quinton a few years ago [he wrote them off at the time] came from this Southern area. This may turn out to be a massive acquisition based on the intensity of historical workings and based on the fact that much of these conglomerates are poorly mapped.
This deal is relatively cheap in comparison to what is going around so we should be very happy with the outcome here. I like the deal in that the earn in is dependent upon a spending milestone allowing for risk mitigation. I have no doubt management are trying to acquire more land but the best tenements are mostly gone now so we have to pick our winners and bed down.
However we have two great tenements with massive potential which is more than many. 2-3kms of MRB/conglom strike and 16km of HF/conglom strike yet to be properly described: the historicals should speed up our progress too.
Some exposure to the Creasy family is not a bad thing either.
MC is still tiny for what we have.
Only upside from what I see.
;D
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