PEX 8.33% 13.0¢ peel mining limited

Ann: HIGH-GRADE GOLD AT NEW SOUTHERN NIGHTS ZONE, page-15

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    Yes mickph, i did notice that on my first read of the results. However based on the results from the latest round of drilling i personally don't think there will be a large upgrade of the resource. That's why i'm surprised that drilling was not continuing.

    One would think that if a new high grade zone had been identified that they would run with it & put down a few more holes whilst the rigs are on site.

    As i said earlier i think the existence & unexplored nature of the new zone will be used to sell the story for the next cap raising.
 
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