As far as I know, it could cost about $25,000 for 250m and about $50,000 for 500m drilling.
So company has definitely room to move even if government scheme funding not approved but with soon to be utilizing $130,000 tax rebate as company said.
Its shape, approximate depth and location, all seems indicating right stuff......
But we definitely need confirming by actual drilling.
Regards,
Ann: Significant Drill Target Identified for Nickel Fraser Range,ENT-AON.AX, page-16
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