I wouldn't be paying too much attention to that announcement other than they have established gold on their tenements.
That grade may not be an accurate representation of what they actually have in their tenements as there are are questions marks on the process they have used to obtain that sample. Hence why the ASX will not let them release their announcements to the market.
Personally, I believe the grade is in fact much higher but they need to get someone qualified that satisfies ASX requirements to process the samples with an approved method.
Haplo
haoma 2.2g gold in one tonne bulk sample, page-2
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