Ann: Drilling Extends Gogbala Gold Mineralised Trend to Over 7km, page-2

The two new 1km-long high priority targets at Gogbala is very encouraging news. It's too early to say whether they will turn into another Tchaga on their own as the drill spacing is currently just too widely spaced. But that will become clearer over the coming 6-12 months.

But having worked in these types of Archean lode gold systems for many years myself (albeit in West Australia), it would be unusual for a system like Tchaga which is situated on a major structure to present in total isolation. Where's there's smoke there's usually fire, and I'd be reasonably confident that over time and with a lot of drilling, a significant new gold camp can be defined here. It's really a new frontier for greenfields exploration on the belt they are operating in, so anything is possible.

I wouldn't be too concerned about the market not fully understanding the story just yet, this one will be a slow cooker I feel.