Right now we are awaiting a batch of drilling results, PLUS:
From page 4 of the December quarterly:
"..the company completed a high resolution aeromagnetic survey covering 13km. of strike. Lines were flown at 50m in the central area between Mt Carlton and Silver Hill, and at 100m spacings for the remainder.
The east - west trending structures that appear to be associated with the Mt Carlton area deposits are clearly visible .... the company will select and drill test targets in this prospective area as a priority."
My interpretation:
NOTE:
"...the company will select and drill test targets in this prospective area as a priority."
There is a strong chance of COMPLETELY NEW DEPOSITS of gold, silver and copper being found because this aeromagnetic survey over 13 km. has revealed "east - west trending structures" with the same geological signatures as those "that appear to be associated with the Mt Carlton area deposits."
I suspect those who sold early might find that we could be getting quite a few more "rabbits being pulled out of the hat. "
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