MLS 0.00% 2.6¢ metals australia ltd

Company Valuation, page-5

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    Thanks dreamin

    https://hotcopper.com.au/search/search?type=post&users=dreamin


    Let's not forget this little free carried Nickel/Gold/Cobalt %

    ASX Announcement

    29th January 2018

    Restructure of the Sherlock Bay Nickel-Copper-Cobalt and Gold Project, Pilbara, Western Australia

    Highlights:

    •  Applications for forfeiture over Metals Australia’s 30% interest in two Sherlock Bay Extended exploration licenses settled
    •  Metals Australia obtains an ongoing free carried interest in the two exploration licenses plus secures an ongoing free carried interest in a mining lease that contains a total mineral resource of 25.4 Mt @ 0.4% Ni for 100,000 tonnes of contained nickel metal
    •  The three tenements have been recognised as having untested potential for conglomerate-hosted gold mineralisation on strategically located ground surrounded by tenements held by Novo Resources Corp and adjacent to Artemis Resources Ltd

      Cheers

      D
 
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