Please use this identifier to cite or link to this item: https://geoscience.nt.gov.au/gemis/ntgsjspui/handle/1/87314
Export to Endnote
Title: Annual report EL 25025, 15 September 2008 to 14 September 2009
Title Holder / Company: Morawa, M
Report id: CR2009-0698
Tenure: EL25025
Year: 2009
Author: Morawa, M
Abstract: Coherent exploration models focusing on several commodities have been established and include targets for gold, uranium and base metals. A comprehensive information memorandum was compiled and used to attract a partner in March 2008 who hoped to list on the ASX. The option period expired on the 12/03/09 after completion of a Independent Geologist Report. Metaliko decided not to pursue the IPO process due to the Global Financial Crisis. Although the original agreement stated that all expenditure on the properties had to be met this was not achieved only limited work was completed during this term. Expenditure on the property was extremely low compared to the proposed budget and accepted caveat which was originally provided from a work program by Metaliko. Further efforts to secure another joint venture partner through the NT government delegation (Steve Tatzenko) in China were pursued as well as local companies. An ASX listed partner has now been secured to fund further exploration as of the 15th of October 2009 for the remainder of the next 15 months. Documentation to verify this agreement can be made available upon request.
Date Added: 3-Jul-2018
Appears in Collections:Minerals Exploration Reports (MEX)

Files in this Report:
File SizeFormat Add to
Download
EL25025_2009_A.pdf101.61 kBPDF Add


Items in GEMIS are protected by copyright unless otherwise indicated.

Get Adobe Reader