Yes, possible MH is betting on that but from the 94,000 metres of drilling results over 2.2 kms with some exceptional results indicates to me that they have found a large mineral resource, as AP said a few days ago in his last presentation: "Mulgabbie North has all the hallmarks indicatingpotential for a significant gold discovery".
It has 8km strike of unlimited potential for multiple deposits in a definedgold corridor and has had high-grade AC gold results over 4.2km.
Its strategically located in the heart of WA Eastern Goldfields, only a few kms away from the Northern Star’s Carosue Dam multi million gold provience.
My money is on a significant gold discovery and if they can get the Heap leach mine up and running this could be a very profitable gold miner.
Nothing is a sure thing but I like our chances here.
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