Confirmation that the company continues to drill and explore whilst developing Federation is the best part of this announcement. They are largely exploring across their ground, following up previous results and extending mineralisation. Whilst they have not knocked anyone's socks off, it is great to see the drills turning. The market is underwhelmed today as the gold results are inferior. However, the company databases are building and it is a terrific sign for the future. Let's hope the company budget allows Andrew and his team to keep drilling and adding to the databases and mineral endowment.
AMI Price at posting:
21.0¢ Sentiment: Buy Disclosure: Held
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