SFR completed their drilling at Cheroona and Cashman and clearly weren't happy enough on the grade/resource profile to warrant further exploration. In other words, there are better ways to spend their money in their view.
The announcement contains a nice teaser about Morck Well though: "Auris continues its JV partnership across the highly prospective Morck Well and Doolgunna Projects in the Bryah Basin and we look forward to providing updates on assays from recently completed drilling at Morck Well when available".
MATSA, page-21
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