Trees et al, so, with October the dry season 'close of play' and results due in that month from Nabarlek North, UXA's only lifebelt, if results are not great, is in the hands of Straights Resources in SA.
UXA look to be considering adding the Commonwealth Hill tenement to those in an agreement with Straights Resources. This area looks highly prospective with high gold prices, from previous results, though a nearby producing mine has been closed. Should UXA join with Straights there would be no need for a drawn out agreement for drilling and the closed mine has facilities to process if they find gold at a cut off grade of 1g per tonne. The above is my view only and there are no anns.
UXA Price at posting:
0.2¢ Sentiment: Hold Disclosure: Held
