next junior to drill 4 iocg in gawler craton

AAO has flown under the radar this morning. All other IOCG stocks are going nuts (RDM up 25%, CRJ up 40%, MOX up 35% etc....) in the wake of Teck's huge result at Carapateena.

AAO have the best prospect of the lot at Murninie. Consider this:

- lies within the Olympic Domain (which stretches from Prominent Hill down to the coast and contains all the major IOCG discoveries).
- has a historic mine with high grade copper and rocks which exhibit very strong similarities to Olympic Dam!!!
- the property has been held in private hands for 75 years with the owners mining a high grade lode of copper.
- down dip from the historic copper mine are two untested large gravity anomalies. The anomalies could be the result of an IOCG system.
- the presence of the high grade copper (and gold) mine is significant because the copper/gold could be the surface expression of a buried orebody (remember the gravity anomaly is down dip).

AAO were meant to commence drilling early April. Apparently the rig was delayed due to maintenance so it could be any day now that they start drilling!!!