Now here's another strong move by management - a second string to the bow, and yes, another potential company-maker in its own right!
Copper/Gold with excellent Cobalt credits, acquired on extremely favourably terms - and in sunny Queensland where the only sovereign risk is the heat and flies.
Plenty of established infrastructure in the Cloncurry district, and lots of near-term high-priority drill targets to shoot for. Exco has already spent well over $4m on the project and it comes with an extensive exploration data package.
With this all bedded down, it's likely Magnum will be advancing on two fronts shortly - and on two continents.
Plenty of opportunity for newsflow.
Note the CEP has an existing mineral resource, open along strike and at depth ...and high-priority exploration targets already identified.
Meanwhile, I believe the bulk sampling programme at Gravelotte/Cobra II, which will give us solid numbers to advance our exciting South African emerald project, is just about set to go too with all the permitting and wherewithal practically in place.
I think with so much going on, this sleeper will wake soon. It's primed...and with plenty of rocks, is ready to roll.
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Now here's another strong move by management - a second string...
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