Check this mob out. https://hotcopper.com.au/threads/an...southwark-bottle-creek.3894440/#post-29446595
James Anderson: Now, we have another small project, which we're actually going to start drilling in the end of July. It's the Myalla prospect. It's only a small project area, about 20 square kilometers, but we came across this sort of accidentally. We had a diamond driller, who was working for us at the Paupong project, and he was actually a geotech driller more so than a mineral driller, and he was the first drill contractor we used on the Paupong project. He told us about a project he worked on in the eighties when he was a junior driller, and he was only reiterating the story because he never got paid. He did a drill program for a prospector and subsequently he kept some of the core from the job, because the guy didn't fix him up. He brought the core to show us one day and because he's not a mineral driller did not recognize what he was holding. It was a meter length of solid, massive sulfide. James Anderson: We sent the core to ALS and had it essayed. It came back with; I think it was nearly five grams gold, an ounce of silver, and nearly one percent copper. So we said, "Okay, let's go and find out where this is." So we grabbed the driller, because he couldn't actually remember where he drilled this in the eighties. It wasn't far from our project area, so we drive around on the back roads and eventually found the property and the farmer who owned the property. That's how we came across this particular project. In our research, we uncovered the historical work that had been done by the prospector in the government and the regulator archives. They were looking for gold and had junior geologists that were fairly inexperienced on the drilling rig. They were drilling vertical holes, which was probably not the smartest thing to do at the time. We came across the logs and did a research project on it and subsequently a lot of field work doing EM and IP surveys. We discovered that they had intercepted nearly three meters of massive sulfide grading at the grade that we tested. We picked up a tenement, and in the global research of the project we discovered another hole they drilled 75 meters down hole they had intercepted another massive sulfide. But it was zinc. And it was 13.5 percent zinc with low-grade gold and silver. We picked up this project on the basis of these two intercepts of sulfides, and particularly the zinc massive sulfide, which was at the end of hole, was nearly one and a half meters of 13.5 percent zinc.
Recommended after price closed @ 6.7c and while a cap raising was in progress @ 5c Price has almost inevitably fallen to new issuance price - is today 5.2c My guess - will fall lower than spp subscription price This company recommended in Oct 2016 after a placement @ 8c by Tony Locantro as a buy up to @ 9.5c. "Get in before drilling of high grade targets", was pretty much the spiel then too. A very strange board to be running a gold explorer. Not a geologist or miner amongst them: William ‘Bill’ Ellis Managing Director and Chairman Mr Ellis is a graduate of the University of Melbourne and a co-founder of the Company. Mr Ellis holds a Bachelor of Commerce, 1968. He has practiced as a public accountant for more than forty years Clive Buckland Executive Director and Company Secretary Mr Buckland graduated from the University of Sydney in 1979 with a Bachelor of Economics.Mr Buckland previously worked at IBM Australia for over 32 years, where he held roles in management and senior professional positions including Finance and Administration, Consulting and Professional Services. Mr James Anderson CEO Originally from Corporate operational, logistics, supply chain management, Mr Anderson moved into the minerals exploration industry in 2011. There's also a solicitor
