I've loaded up on the options here. Given the low MC, SOI and free float these are about the most supercharged instrument exposed to exploration success available on the ASX.
This is a really detailed write up of the Homestake mine, 43 million ounces mined produced out of 124 million tones at 9 grams gold.
https://zzz.physics.umn.edu/_media/groups/homestake/papers/homestake_geology_and_geochemical_data.pdf
Given how effective EM would be in picking such an orebody this is encouraging:
This makes sense given what was intersected in FEND14 as per the prospectus:
Despite the fact that FEND14 was the lesser of the two intersects the hyperspectral core logging and MMI soil survey conducted by previous explorers (St. George) found that:
Good luck!,
CC
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