EXS 0.00% 26.0¢ exco resources limited

Oze, adding to your list of small asset sales will be Salebury...

  1. 1,082 Posts.
    Oze, adding to your list of small asset sales will be Salebury where infill drilling is currently taking place and we should end up with a defined resource this year. Looking like a similar resource as Kangaroo Rat (i.e. small in size but high grade) that can be sold to CopperChem or Xstrata. Both should be worth in the range of 5m-10m each.

    CopperChem operations are up and running well now and they will therefore be hungry for more ore.

    I understand some of our drilling in key areas like Canteen has been held up slightly by heritage approvals, but it will all kick off shortly.

    Drilling happening at Wallace as well. Hopefully this will be our next gold project.

    As you say, plenty of news to come over next few months.
 
watchlist Created with Sketch. Add EXS (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.