Ann: Initial assays reveal significant intercepts at Mt Maitland, page-115

From rmx announcements

High-grade core bodes well for identification of larger system Drilling results from both holes were particularly encouraging as they contained a higher grade core, and both highlight the potential for a high-grade system which is currently open down-dip of these holes.

This is a Gold Explorer.. Looking for potential for a larger system.
Step 1

Drill confirmation holes first from old drilling by others who discontinued looking

Step 2
.On confirmation drill to expand or identify a larger ore body.

That is called exploration .

That is why I bought a large holding into this company at .004c and decided to add more to my holding at 1.6 and 1.4/1.5 cents once Koonenberry was confirmed and an added bonus when its all done the Rare earths leases .

Longer term sit and Hold for me