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0.5¢ auking mining limited

Ann: Drilling to Commence at La Dura Project, page-3

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nammuldi

2,266 Posts.

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06/12/17

13:52

Post #: 29419652
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Originally posted by monquay ↑

Spent the last couple of months accumulating stock and doing some DD and in IMO, this looks like a pretty darn good play....

I have also been in touch with management regarding this announcement and the current project status.... and because I'm a team player, I'll share the love with you.

Key points:
- Contractual Agreements with G4 Drilling have been signed.
- Final Environmental Drilling Permit is waiting approval but is no issue as initial drilling will be conducted on private land, where access tracks are well established.
- Drilling will commence in the next day or so. G4 was held up due to rig maintenance and servicing - this was very important given the remoteness of the drilling location, breakdowns are time and cash critical.
- Results from first few holes should still be mid-December. ALS Lab in Mexico have committed to continue processing samples over the Christmas break, so the drill delay will be a non-event.
- No further announcements proposed until receipt of drill results from first holes.

GLTAH!!

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so how are we going with those timelines - any follow up comments??

AKN Price at posting: 0.7¢ Sentiment: None Disclosure: Not Held
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