MOX 0.00% 0.2¢ monax mining limited

As well as Parndana drilling! From FT.com: Antofagasta Market...

  1. 1,630 Posts.
    As well as Parndana drilling!

    From FT.com:
    Antofagasta Market Cap: 8.38 GBP (July 25).

    From Antofagasta website:

    Successful exploration is fundamental to the long-term future of a mining company..........................................
    Generally the Group conducts its own exploration activities in the areas in which it has the deepest experience, namely Chile and Peru.
    For early-stage exploration outside of these areas, the Group normally works through partnerships with other companies already established in those locations
    Exploration projects: Major exploration programme throughout Chile
    Earn-in agreements in North America, Latin America, Europe, Africa and Australia


    Antofagasta becomes Monax’s largest shareholder after Placement.


    Millers Creek
    Designated Project (with Antofagasta) (Copper-Gold)
    Detailed heli-borne magnetic survey completed over Oliffes Dam target,
    Approvals process commenced for planned drilling program.

    Punt Hill Project
    (Copper-Gold)
    Chilean major, Antofagasta reaches 51% earn-in for Punt Hill Project.
    Gravity survey completed.

    Phar Lap Project
    (Copper-Gold)
    Memorandum of Understanding signed with Antofagasta for early stage exploration.
    Approvals process commenced for gravity survey and possible drilling.

    PS:
    Apologies for confusing the two Parndana ELs in previous posts.
    The planned drilling is, as ozblue has highlighted, at the Parndana EL 4581 Granted 100% Monax Mining
 
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