short term trading - week starting 5th august, page-8

For those of you who liked ADN's announcement this morning here's a snap of the neighbourhood. ARE are free carried in a 50/50 JV with Sandfire Resources with Sandfire meeting the exploration costs.Notice how ARE's ground wraps around ADN on the east and west.ADN made mention of the fact that their Alford West discovery was open to the east and west. Note in the right side image the location of Alford West on ADN's ground.IVR's Roundabout IOCG prospect is located to the east of ARE's ground