hiphop, I'd take no notice of anything on the IRL website, its so out of date its embarrassing.
The tab for EXPLORATION is now total garbage.
The tab showing NEW BUSINESS has been showing "New Business content coming soon." this is the same page showing for two years without any update.
So don't hold your breath waiting for new business.
The tab showing COPPER is now obsolete, Badiya ML application now gone, Singhbhum application near Surda also GONE.
The tab showing ASKOT PROJECT is finished kaput, the Pebble Creek website hasn't been updated for 4 years the only information showing is
"Please try again after December 26, 2011." http://www.pebblecreekmining.com/about.asp
The tab showing DIAMONDS ie. (Bhandara,Dharwar) Renewal of PL. These PL's expired in 2011 and we're still waiting for renewal.
Under DIAMONDS we have Bonai (Iron ore), 14 Prospecting Licence applications and 3 Reconnaissance permit applications, these PL's and RP's have all disappeared down the black hole.
So whats left?
The tab showing ARAVALLI BASE METALS.
As mentioned in a previous post the Sathuddia base metals project has been lost.
"The State Government of Rajasthan has not accepted the plea of CMPL and vide Order dated 11/6/2014 stating that according to Sec 11(1)(D) of MMRD Act 1957, PL application 56/2010 has been cancelled. CMPL has decided to challenge this Order in the Revision Court of Ministry of Mines (NewDelhi)."
The Aravalli project Part A is remaining but in 7 months we've heard almost nothing. The March Quarterly mentioned that the area had been split into Part A and Part B. Part B has now been lost.
IRL shareholders realise that further work is reqd for granting of the mining licence, ie environmental reports and other statutory requirements .
BUT surely the last remaining project is worthy of an occasional update.