MEI 1.03% 9.8¢ meteoric resources nl

Ann: Update on Midrim and Laforce, page-19

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  1. 1,096 Posts.
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    Here's the TopTung announcement

    "The Board’s decision to withdraw Resolution 1 is the result of present market conditions and a decisionto focus on evaluating the full potential of its Zeus portfolio in Quebec instead of proceeding with theCNC acquisition. Resolution 2, relating to the issue of shares to TTW’s corporate advisor, is linked tothe successful completion of Resolution 1 and is therefore also withdrawn.

    Since acquiring Zeus, the Company and its consultants have been assessing the Lorraine Projecttenements which comprise 90 Claims. The review of the geophysical data has delineated additionalgabbro units (the host to the mined Cu-Ni mineralisation) as extensions to the known outcropping /mineralised bodies below cover. The Company will update the market on this potential in the next fewdays."

    Anyone want to take a stab at decoding what that means in the realms of Midrim?
 
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