Ann: Peake Project Drilling Update - High-Priority IOCG Targets, page-5

Bit of a weird news release and we are left to read between the lines on this one.....the hole was most likely a duster, the targeted gravity high is unexplained and the geo's are scratching their heads (talking about more geophysical surveys to provide more evidence of a valid target). If mineralisation was intersected, its highly unlikely they would have stopped drilling and I can't think of a good reason why they would not report any visual IOCG style mineralisation or alteration given the scope of the announcement.