Ann: LiDAR Survey Expands Prospective Footprint at Nundle, page-3

Yes the ground was previously covered by pine forest until now and therefore overlooked in recent times.

So far the LIDAR interpretation covers just 90km of a total of 259km and has already identified more than 1000 historic shallow mines and workings. According to the estimates, 300,000oz of gold and 4.3t of antimony have been mined close to surface with no serious exploration done to date. The rock samples (when they come) will be interesting with plenty of targets to choose from.

In addition to the exciting Nundle ground in NSW, they have some highly prospective ground in a prime Kalgoorlie location in close proximity to the super pit and other major mines. Also copper, gold, nickel and base metals at Mt Venn, adjacent to Gold Road Resources.

With a market cap of just $5m I can't see it staying at current prices for long.