Ann: Down-hole televiewer reinforces potential at Christmas Creek, page-18

Well, I'm not a geo and so we can only rely an the opinion of geos who looked at this area. But the Trek team seems to be very confident and together with the fact that Newmont already spent millions of dollars there and that it is a big discrict project with multiple targets gives me much hope for a success in future. Below is a summary from Trek to your question.

“Are we sitting on a major discovery?” Marshall said. “Our team certainly thinks so, drawing analogies to the discovery of the world-class Callie gold deposit in the prolific Tanami region. “We were excited after receiving the assay results last year, but I think it’s fair to say the down-hole televiewer data has elevated the potential of this project to a whole new level, suggesting we could be on the cusp of a very significant discovery.”The company now believes Christmas Creek could host a potential extension of the prolific Granites-Tanami Orogen with metasediments in the area showing a correlation to the geological sequences that host Newmont’s globally significant Tanami Gold Mines.“The broad, high-grade intercepts at Martin confirm the potential for a significant orogenic gold system and, together with recently acquired down-hole data, indicate the presence of a series of stacked veins,” Marshall added.“These results are highly significant as it proves that the system at Martin can not only host high-grade gold, but it is also showing evidence of scale potential, and ultimately that is a key driver of value creation. “I feel the project has reached a critical milestone, where we have gone from theoretical prospectivity to proven prospectivity. “We are gearing up to get the rig spinning at Martin and if we get similarly positive indications we are onto a large, high-grade gold system then expect there to be more rigs arriving in short succession.”