Ann: Calidus to enter Joint Venture with Novo Resources, page-23

The value in CAI (410,000 oz Au and growing) has been in the hydrothermal deposits associated with basement greenstones. Any association with Fortescue Group conglomerates would be a bonus, and as I have posted on another thread, there is potential upside with CAIs existing tenements and moreso if we secure the Marble Bar area from Epimex. While not including the FG conglomerates, (and any alluvials) The Novo JV extends our prospective greenstone zones significantly and will add materially to the resource. I will post some geol maps and interpretation a little later today.

I would be interested in the @Hotrock1 perspective.

Cheers
BS