If I had to summarise it I would say that it is worth reading, the recent drilling has expanded the size and volume of Calibre as a very large system and is still open along strike and down dip, as others have said, the grades aren't spectacular but the size of Calibre is encouraging. lots more drilling required at Calibre. In other news the regional AEM targets were tested and most/all of them were duds, but that's exploration - if you don't drill test you will never know. Also talks about the gradient array IP ground geophysics being processed so should throw up some new and different drill targets to test next year.
They have something big, its a large volume but modest grade, Rio Tinto are still here as JV partners and exploration is ongoing - good enough reason for me to hold.
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Ann: Significant Extensions to Mineralisation at Calibre, page-8
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