Put it into context - the assays on the top of this new intercept are 17m at 4.1 g/t and 1.2% Cu with Co credits. Now they have pushed that out another 84m and still in IOCG style mineralisation.
The ann says they have already put a 'draft ML Application' together over Little Duke.
This looks very promising for an IOCG 'discovery' hole. Now it depends on extent and in which direction the ore body plunges.
My overall view is still that the surface open pitable gold is the key to AMG's undiluted success - the quoted exploration target at Little Duke is a bit premature, because if these grades extend over a reasonable area the IOCG target could be a whopper, in which case they will need a lot of Golden Mile gold to drill it out.
Fancy 8.7c previous close. Never again IMO.
AMG Price at posting:
12.5¢ Sentiment: Buy Disclosure: Held