Ann: High Resolution Geophysical Survey Commences, page-42

The new tenements that KAU recently applied for look very impressive as well.
It's located along strike from where REE/KCC are currently drilling with a lot of success.
Note Twiggy (FMG) has been snapping up as much of this land as possible as well.

"The licence applications, ELA 5948 and ELA 5949, are considered prospective for porphyry copper gold styles of mineralisation and are considered by the Board to be highly prospective (Figure 1).The licences cover 80 kilometres of interpreted1 strike of the Macquarie Arc, identified as being prospective for copper-gold porphyry mineralisation.
The project lies to the north of licences held by FMG Resources Pty Ltd and Kincora Copper Australia Pty Ltd. The prospective target rocks are intrusive igneous rocks associated with copper and gold mineralisation in the belt and are overlain by sediments of variable depth with negligible historic exploration, despite being located in a Tier 1 low sovereign risk terrain.
“The Macquarie permissive tract comprises volcanic, volcaniclastic, and minor exposed intrusive igneous rocks of the Macquarie Arc. The nine known deposits in this tract are now estimated to contain a total of about 13.5 million metric tons of copper and 1,700 metric tons of gold. This tract is estimated to contain 6.9±3.5 undiscovered deposits for a total of about 16 deposits in an area of about 41,500 km.”2"