Newport Exploration Ltd V.NWX

Today's Sedar filing for the quarter shows continued

[HHHAPPY]

revenue from the oil fields of Australia. This revenue justifies the dividend policy of management.
Only question I have is why have they not advanced the Chu Chua mining prospect in B.C. If it isn't viable than why sustain it?
Just asking.

[JayBanks]

  I've looked it up and mapped it out, the property is on the side of a small mountain area, beside a small town with a rail line running through it. There are several minining claim properties in this area most with just a dirt access road to the properties and some areas are cleared of trees, the specific property of Chu Chua has a road coming from the south east below the property

[canon12345]

The Chu Chua property is on trend with several mineral deposits in the area. The most interesting being the Yellowhead (Taseko) copper property which could be massive. My understanding is that due to forest fires in the area and more recently covid, no additional work has been carried out on the property. My understanding is that eventually management will do some additional work on the property