Ann: Interim Drilling Results Confirm Stibnite Veining and Gold, page-48

I wouldn't think so debarwa.

Every venture has to have a plan or a model as to what they are trying to Achieve and the Possible Rewards for achieving those goals. I'm simply pointing out "how" the Model plays out if those Key Requirements are met & the Rewards associated with such.

I'm not actually trying to suggest the Likelyhood of those goals being achieved, just why they would want to achieve them.
Its up to each Investor to make their own assessment on "likelyhood".

There are a number of Variables that would need to be satisfied eg:
1) Minimum Grades eg MCOG 3g/t AuEq
2) Minimum Quantity to justify Capex - ie the strike distance.

3) Depth of Gold - affects Capex

So, I'm not suggesting NAGs has met all of those, just that the DHs to date are on track to get good grades, especially with Visible Gold being found in the last hole.

Thats why I said:

"For me the VG Ancmt is big news as its about exceptionally high grades. It does not tell us the quantity or strike length but it is as good as you can get from one DH."