Following the successful fund raising for Indian Pacific Resources (IPR) in North America in late June 2019 an extensive and immediate program of work is planned to;
On achieving the above the company is then well placed to look at how to;
Confirm indications for the potential of a small scale DSO operation at Bekisopa, to assist cash flow while looking to undertake a more extensive Bekisopa drilling program to expand the iron ore resources beyond several hundred million tonnes.
As the knowledge and resource base increases at Bekisopa with its high grade DSO potential, the IPR Board will evaluate options to realise the best value for shareholders.
As information from the work program evolves we will promptly update shareholders and the market, particularly the Bekisopa drill hole analysis.