Most of PEX leases are about 130km South of Cobar and from results of drilling in recent times seem to be rich in all the Cobar metals but poor in showings of gold in drill stems.
On the other hand ,it appears that with the massive amount of leases that AMI obtained from the purchase of New Gold, it has the running in the present gold-bearing dirt of the area which appears to follow the fault-line towards Nymagee.... about 70 odd kms of possibilities (Cobar to Nymagee).I don't think they need to worry about PEX...they just need to get those drills whirling and test the leases they own ...and there is plenty of those!Besides,they have their hands full in developing the likes of Great Cobar copper mine,Anjea etc ,right down to Nymagee Copper mine...there's a good possibility of more gold in that lot!
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