Just in case you missed the 14/03/2008 announcement which mentions- "finalise updated resource calculations incorporating new drilling data and to underpin an initial exploration program targeting a potentially large epithermal system at Hutabargot Julu."
ASX ANNOUNCEMENT
14 March 2008
OROPA RAISES ADDITIONAL FUNDS TO ADVANCE INTERNATIONAL GOLD PROJECT
HIGHLIGHTS- A $533,900 share placement completed, $500,000 of which is to an existing long standing investor.
- Funds will be specifically used to finalise updated resource calculations incorporating new drilling data and to underpin an initial exploration program targeting a potentially large epithermal system at Hutabargot Julu.
- Updated resource calculation expected by the end of March
- excellent potential to increase existing Inferred Resources totalling 710,000oz.
- More sampling and drilling results from Hutabargot Julu expected in late March, early April.
- Recent gold price increases together with the potential for additional resource ounces have significantly improved the project economics in the opinion of directors. On that
basis, the company will pursue a Scoping Study to explore the economics of mining.- These exciting new developments will focus on delivering value to shareholders.
