Under AuSelect's planned takeover, grassroots exploration including that planned for St Arnaud and at Foster and Walhalla in Gippsland, will be phased out.
But AuSelect managing director Robin Widdup says while he does not want to speculate, that would not prevent a junior company taking on the exploration licences.
http://www.abc.net.au/news/items/200607/1688006.htm?southwestvic
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