SYDNEY (Yosefardi) – Western Mining Network Limited (WMN) is now preparing for core drilling at Tamboli slate project, with due diligence progressing well.
PT Mekongga Sejahtera, the holder of Tamboli, has recently completed a significant amount work including a geophysical survey, a topographic survey of the tenement, geological mapping, and outcrop samples collection.
WMN is currently reviewing all work completed by Mekongga and plans to use the geophysical survey, mapping and sampling to target drill hole sites for a preliminary core-drilling program.
Given the significant amount of work already completed by Mekonnga, WMN are confident that due diligence can be completed within the ninety day time period as detailed in the Heads of Agreement announced to ASX on 2 June 2014.