These are the juicy bits of the ANN (Apart from the amazing high grades). Obviously the drill is of a very limited width & can intercept only so much, but despite all of that the grades are coming out as excellent, and at high grade. What needs to be done I believe is to asses whether or not it is a good idea to go ahead with mining some specific areas and shoring up a gold/cash reserve or sell the tenements for cash and focus on the other upcoming projects.
We also have other tenements coming onboard and adding to the portfolio. The recent issue of 10M+10M shares shows that the Bonaparte Project expansion has also gone through.
@calculatedrisks I'm not sure if you are familiar with any previous results, but most have been higher grade intercepts on VIC side of the tenement, the southern side of the coogee pit to LEX is a bit different coz it has an intrusion zone, although a gold vein does run through their tenement as well. Since VIC does not have any geographic intrusion zones, it means a higher possibility of gold.
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