Great announcement! I like how they're going to drill a couple of deeper DD holes to see what's beneath the "lower BIF"
Busy period for the company, good luck to all! I like the summary from Andrew Munckton....
Syndicated Metals’ Managing Director, Mr Andrew Munckton, said that the start of the Company’s maiden gold exploration program at the recently acquired Monument Project was an exciting milestone. “This signals the beginning of a busy period for the Company as we test both the upper and lower BIF targets at the Korong Prospect and begin to assess the broader potential of the lower BIF target through an IP geophysical survey which is already well underway,” he said. “Our geological understanding of the potential of the lower BIF unit has been greatly assisted by the outstanding work carried out by our neighbour, Dacian Gold, and we look forward to building on this knowledge base as part of our maiden exploration program at the Monument Project. “Even by themselves, the historical intersections within the upper BIF unit at the Korong Prospect represent an exciting and valid target for follow‐up drilling. When combined with the broader potential of the area, both at depth and along strike, the Monument Project represents a compelling exploration opportunity in the WA gold sector – and we are very much looking forward to seeing the results of this program as it begins to unfold.” EN
SMD Price at posting:
2.5¢ Sentiment: Buy Disclosure: Held
