Ann: Adelong Goldfield Positive Drill Results at Challenger, page-69

This company is future oriented. They are looking to expand their current resources with these drills. Meaning the company plans to stay profitable for a long time by further explorations besides starting production next year. They do have experience in expanding their resources as they had expanded the jorc resource by 40% (which is huge) about 1 to 2 year ago so they have a good track record.

From Peter Mitchell himself:
“We are very pleased with the latest drilling results including some high grade intercepts and with all but one hole intersecting potentially commercial grade mineralisation,” Mr Mitchell said.“These results show the potential to possibly expand our planned open cut or underground mine development in the future.”