This is only first pass drilling- only five holes down at this...

This is only first pass drilling- only five holes down at this target -Grapple
Shallow air core Drilling only .
9mt intersection 3.26%- copper, 3.63%- zinc 49 g p/t - silver,.26 %-cobalt, 1.09% lead, 1.8g p/t -gold.
The multi element potential is again highlighted, multi-element mines add significant financial
credits  during processing & is why they are synonymous with being the most profitable mines
in the world.
Interestingly this is only the first 5 of 14 holes, additional drilling underway at Prowl &
Springer prospects -characterised as being gold dominant, drilling scheduled to be
completed in November 2016- and assay results returning during December 2016.

The successful targeting and intersecting mineralisation from the first two limited drill
programs supports the concept, generated from continental-scale targeting that the -Lake Mackay Project could represent an emerging new metallogenic province.

The tenement EL24915 represents only 7% of the total Project area,

Another 10 tenements -Aerial survey results awaited from 51,800 line km's ,
7,000sq km's that was 88% completed, you would assume there is a high probability
of a good many additional targets being identified.

The significants of this potentially being on the cusp of discovering a whole new mineral district
should not be underestimated, & again emphasises the quality encompassed in ABU's vast tenure.
Its no wonder IGO is being as aggressive as they are - with this new multi-element discovery's.

We await further results from ABU'S J.V. partner IGO's- Prowl & Springer .

We also await a 2,000 mt Diamond Drilling  program- results from ABU's 100% owned  
Supeljack -Tethys's  1.3 KM's east-West mineralisation, also testing the only
recently discovered Suess Fault (running north south at south east end of Tethy's).

We await conformation/update of the potential sale of twin Bonanza -(Old Pirate &Buccaneer ) the combined JORC gold in ground value calculated at only approx. $22.00 OZ  is approx. -   30 Million AU, its not that difficult to envision what a large cash injection would result in .
Risk of C.R-annulled & high likelihood of future exploration programs being expanded -thus
increasing pro-rata discovery potential.

There is high potential of a significant J.V. partner for ABU's Southern Tanami ABU tenure being
attracted, given multiple companies have signed confidential agreements & J.V.- offers are being considered, given its proximity to Newmont's Granites Gold mine-( production approx. 2.7 million
tonnes Per Annum-approx. 500,000 OZ p/a ) & the Callie Fault-the  ... Mallie. Look-alike
geophysical signatures to Callie.that is on ABU's tenure we can see why there are big players
circling for a slice of the ABU pie.

Yes ABU is about to release a flurry of potentially share price driving news, well done thus far
to our newly formed BOD & good luck to all ABU holders especially those long termers that
hung in there .
imo -gltah
salt​