Good morning mate,
What it means is Alice have more ground to drop a drill in, which means the potential to find more gold/copper resources,
If you go back a few days, Alice reported that the NSW government gave a $200 thousand grant to help fund costs,
The next report to get the market salivating or spewing will be the horn island drilling results, from those drill results I would be expecting anywhere up to 2 grams per tonne of gold,
3 drills at 160 metres each,
Hope that helps a bit,
Ann: MENDOORAN REF POSITIVELY DETERMINED, page-7
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