juztech, if the company states in an ASX release that:
"At the Haunted Stream Gold Project in Victoria, the Company completed a deep drilling program on Anomaly 4, one of two major drill targets for possible deep vein gold or porphyry copper-gold mineralisation. Multiple shear zones were intersected with visible base metals and the Company is awaiting final laboratory analyses. A Down Hole Electro- magnetic (DHEM) survey is being planned to test for conductors indicative of accumulations of mineralisation. Native title access negotiations were finalised for, and the Company is expecting the grant of, it�s first Mining Licence on the Haunted Stream licence area"
it means that is exactly what is happening.
MNM Price at posting:
3.9¢ Sentiment: Buy Disclosure: Held