No geo so all guess to me, nothing exciting from first round but...

No geo so all guess to me, nothing exciting from first round but this is very early days on a large un-drilled area, would be ideal to hit the jackpot first go but it doesn't work like that, if im reading it right seem to be saying they are on the same track as before penny west was discovered but more work to be done, if you look at SPX high grade results they are very deep up to 350m where as VMC/RXL drilled up to 85m so possible they need to go much deeper before they discover anything nearby, we already have currans & youanmi gold mine area that have delivered, any discoveries from here is just icing on the cake & theres numerous targets to test that could lead to the next discovery not just 1


It is important to note that Radford and Boddington (2003) stated “a program of vertical RAB
drilling successfully reached saprolite, and recorded sporadic Au concentrations up to
1.5 ppm.” This was the first‐pass RAB drilling that eventually led to the discovery of the Penny
West gold mine. The results from the recent AC drilling by the Venus JV appear to be
comparable to the historical results of the initial drilling at Penny West.

A follow‐up AC program totalling 51 holes for 2608m has just been completed on high‐priority
targets identified from the AC program reported here and analytical work is in progress.
Results from the follow‐up AC drilling are awaited with strong interest.