Seems you all missed the important part.
Its not the gold.
its the folowing sentence.
Some elevated Au zones associated with high potassic radiometric responses, probably also indicative of alteration;
HIGH POTASSIC, they are saying the land is abundant in potash. Have you seen what happens to potash stocks when a decent potash discovery is made. Take a look at the yearly chart for STB to give one example.
Also nearly 15% of BHPs income stream is derived from potash, it is needed everywhere, makes rare earths stocks look really boring.
SSC is about to be noticed. Why do you think the announcement also stated that drilling will commence asap which is the next bullet point. They are not interested entirely in the gold, gold has just become the icing on a potash cake. IMO
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- announcement out
announcement out, page-5
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