They went in hard after 2 years of mulling over inherited Data...

They went in hard after 2 years of mulling over inherited Data at GOORNONG STH with road side drilling (no land access agreements required council approval completed before exploration licence granted ) Where Kirkland lake left off and had some decent hits in hole 6 = 12 mtres at 4.9g/t is not a duster and shows the potential.

Now within 6 months of the exploration licence being granted they now have 8 land access agreements in place - (Now remember those agreements could not be negotiated before the exploration licence was granted but the council approvals for roadside drilling could),

Now we have land access agreement and have commenced low impact Induced polarisation (IP) geophysics in northern part of
Exploration Licence following signing of 8 access agreements with landholders and to leverage the use of chargeability as an exploration tool, S2 has recently contracted leading structural geology consultants PGN Geoscience to complete a litho-structural interpretation of the Greater Fosterville licence area using the vast bank of data inherited from the Victorian Government tender process.

Diagram below highlights the potential that this 4 week program could uncover.



Figure 1. 3D view looking NNW showing mineralised trends at the Fosterville Gold Mine that extend into S2’s ELA (EL7795) and the chargeability inversion models that highlight anomalies associated with alteration associated with known gold mineralisation on the Fosterville mine lease, and as yet undrilled positions on, or trending into, S2’s ELA, such as the Sugarloaf trend, the Goornong trend, and the extensions of the O’Donnell’s trend and O’Dwyer’s trend, which hosts the Robbins Hill/Curie gold zone currently being mined by Agnico. Anything coloured yellow or hotter is anomalous.

Potential for rerate....

Any discovered highly charged anomaly on trend will incite early entry excitement from traders and the like.

Glenlogan a Cadia Ridgeway lookalike announcement to drill will do exactly the same....

A lot of accumulation around 0.125c 0.13c. that has been going on for some time -
Could even see a substantial holding announcement come out...

Management certainly not sitting around twindling their thumbs they are going in hard on all fronts - only a matter of time before something substantial happens IMO. GL.