Chairman’s Letter
Tuesday, April 9, 2024
Dear Shareholders,
After spending 4 of the past six months in Peru and Chile I am pleased to announce that your Board is in the final stages of negotiating a Joint venture for Chala to manage the mining and sale of small quantities of very high grade Copper, funded by others, commencing mid to end May 2024.
All going well this activity is expected to generate cashflows in excess of A$45,000 per month, sufficient to commence an exploration program on the three leases we hold in Southern Peru.
Stay tuned for further news
Yours faithfully
Mark Newton
Executive Chairman