Ann: Drill Results from Weld Range, page-207

• Geological investigations including drilling have discovered for the first time at Weld Range
overlapping thicknesses of Channel Iron Deposits (CID)

From my quick research CID's are highly sort after as they are generally easy to get at, minimal drilling and blasting. Is it just that we don't know the extent of what is there yet?
Seems to me that the results for what they were looking for were pretty average but they have potentially found other sources including CID and Gold anomaly, both of which they will continue to evaluate..
I have had a re-read of the announcement and it actually does answer a lot of the questions about how this is going to progress and what they are currently doing regarding the Weld Range project.
Might be worth a re read for some and don't focus on the negative results but take in everything else they are telling us..

just my opinion, definitely no expert in this sector, but trying to learn a bit.