Ann: Significant Copper-Gold Discovery Confirmed , page-18

re: Ann: Significant Copper-Gold Discovery Co... indeed Bandicoot this is what could have been under the banner PRL or Peninsula Resources..

funnily enough the code was snapped up soon after by Petrel Energy who merged with Orion petroleum...

i think Rover will now be under review..the fact is that Director Chris Drown has a 2M share carrot dangling if he can commercialise Rover by end of calendar 2012..

they would have to raise in order to fund Rover and Moonta concurrently so it makes sense to try and get some agreement with WGR to incorporate Rover 1 or in fact the whole of ADN's Rover tenement into some kind of JV or outright sale.. how much would this be worth? who knows

what is really exciting is that if you could choose any location in Australia or the southern hemisphere for that matter to make a copper/gold discovery, Moonta would have to be up there...unlike Doolgunna or Tennant Creek or Olympic Dam, Moonta is even closer to infrastructure than RXM's hillside which is saying something..

only thing going against them is the fact that they are on farm land here so there will no doubt be delicate negotiations required..