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Shareholder Q & A Podcast & Calidus Update
Shareholder Q & A Podcast & Calidus Update.
About this update from Keras Resources Plc
[{"type":"text","content":"\n \nRNS Number : 1656W Keras Resources PLC 30 July 2018 \n\nKeras Resources plc / Index: AIM / Epic: KRS / Sector: Mining\n30 July 2018\nKeras Resources plc ('Keras')\nShareholder Q&A Podcast &\nCalidus Update\n \nKeras Resources plc, the AIM listed mineral resource company, is pleased to announce that it will be holding a shareholder Question and Answer podcast which will be broadcast by Vox Markets on Thursday 9 August 2018 at 12.30 p.m.\n \nTo submit questions ahead of the question and answer podcast, please email [email protected]. Please note that the cut off for question submissions will be 4.00 p.m. on Tuesday 7 August 2018. \n \nThe Company also notes Calidus Resources Limited ('Calidus' or 'the Company'), has announced a drilling update from its Copenhagen Gold Deposit and from drilling directly east of its Klondyke Gold Deposit, both located on the Company's Warrawoona Gold Project ('Warrawoona'), located in the Pilbara of Western Australia. Calidus is undertaking a large resource infill and extension programme across Warrawoona with an aim to expand the current resource to underpin a Pre-Feasibility Study ('PFS') in 2019. \n \nKeras is a significant shareholder of Calidus, with a current interest of 458m shares, representing approximately 35% of Calidus' total issued share capital. On successful completion of the PFS at Warrawoona, an additional 265m performance shares of Calidus ('Performance Shares') owned by Keras will be converted into ordinary shares of Calidus.\n \nHIGHLIGHTS\n \n· Copenhagen diamond drilling returned significant intercepts of:\no 10m @ 5.38g/t Au from 63m in 18CPDD004 \no 1m @ 7.91g/t Au from 121m in 18CPDD003\n \n· RC drilling at the Klondyke East extension continues to intersect ore grade mineralisation east of the current 654,000oz Mineral Resource defined during 2017. A selection of recent significant intercepts from the current round of drilling include: \no 12m @ 2.15g/t Au from 0m in 18KLRC111;\no 4m @ 6.08g/t Au from 99m in 18KLRC130;\no 12m @ 1.73g/t Au from 24m in 18KLRC120; \no 8m @ 1.92g/t Au from 0m in 18KLRC124\no 1m @ 13.36g/t Au from 91m ...