Announcement

Quarterly Activities Report to 31 December 2021 & Appendix 5B

31 January 2022

Quarterly Activities Report to 31 December 2021

  • Project Generation (SAU 100%): Systematic baseline geological, geophysical andgeochemical database compilation process progressed to help streamline the criticalFebruary to June Project Generation work.
  • Newly appointed exploration manager, Mr Robert Smillie, is on the ground in SouthKorea.
  • Second tranche of 150m BMV shares received for the sale of the Gubong and KochangJoint Venture (SAU now holds 200m BMV shares or 32.1% of BMV’s issued capital).
  • Total cash of A$6.1 million, and listed securities with a mark to market value of A$6.8million.


To download the full report please open the pdf below:

ASX Quarterly Activities Report to 31 December 2021 & Appendix 5B