SRK Consulting was appointed to prepare an Independent Technical Report (ITR) on the Mineral Assets of Moonlight located in New South Wales, Western Australia, Northern Territory and Queensland.
The Report was included in the Prospectus relating to the Proposed Listing, which has since been listed and Moonlight Resources is being traded on the Australian Securities Exchange (ASX).
The Report was prepared under the guidelines of the 2015 edition of VALMIN Code. In addition, the Report had been prepared in accordance with the relevant requirements of the Listing Rules of the ASX and relevant Australian Securities and Investment Commission regulatory guidelines.
The Projects comprise 15 granted exploration licenses, covering an area of 5,465 km2. The Projects are in early exploration stage and are prospective for uranium, rare-earth element, gold and copper mineralisation.
Based on the Report, Moonlight developed a technical budget and work programs that were reviewed by SRK.
