Here's a reminder and summary of the Munni Munni project and the deal with ARV, Info below:
and the old 2010 tech report below:
Yes Oly, the reason ARV reviewed the old Platina cores was to test for gold in the cores that contained sections of those conglomerates that form part of the Hardy formation. This formation started the WA conglomerate gold rush in the Pilbara late 2017 and early 2018.
Munni Munni conglomerates surround the PGM mineralisation and are surface expressions.
Announcements were put out by ARV late last year that samples of Munni Munni Conglomerates were collected from specific cores and were despatched to the analytical labs for results. They also noted that those results would be released as soon as received from the Lab.
That was back in November/December last year ... 4 months ago. Where are they??? Assays from labs cost money and if you are doing a few hundred of them it could get very expensive ... did they pay the Lab to release the results, if not why not?
Has ARV really completed their part of the JV agreement to earn their 70% ? CN might well need to do a forensic money spent check up before executing the agreement. Talk is cheap, facts speak volumes.
Press the flesh boys !!! A lot of Punters have dropped a bundle on this stock due to sloppy follow up.
DYOR and " keep the bastards honest" as Don Chipp used to say.
Cheers
HR
Just my views on the research I do.
PGM Price at posting:
7.3¢ Sentiment: Hold Disclosure: Not Held
