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2020, December.pdf

20210128-2168777-Quarterly-Activities-and-Cashflow-Report-1.pdf
Preview of 2020, December
🔗 Source: boabmetals.com
📊 Size: 993 KB
👤 Author: Simon Noon
⬇️ Downloads: 109

Summary

BML) reported significant progress in the development of its 75% owned Sorby Hills Lead-Silver-Zinc Project in Western Australia during the quarter ending 31 December 2020. Highlights include the completion of a 58-hole Phase IV Definitive Feasibility Study drill program, which confirmed shallow extensions of Lead-Silver mineralisation and significant upside potential. The company also undertook a share consolidation, raised over A$5.0m via a Share Purchase Plan and Option Exercise Program, and has a cash balance of A$14.9m. Joint Venture partner Henan Yuguang Gold and Lead Co., Ltd confirmed their commitment to the project's development. The company is well-funded to execute the DFS workstreams and focus on further de-risking and exploration opportunities.

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Description

BML) reported significant progress in the development of its 75% owned Sorby Hills Lead-Silver-Zinc Project in Western Australia during the quarter ending 31...

Technical Information

  • File Format: PDF
  • File Size: 993 KB
  • Pages: 14
  • Language: EN
  • Author: Simon Noon
  • Total Downloads: 109
  • Last Updated: 1 week ago

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