Ann: New EM Conductors at Mt Alexander, page-20

Spot on trademig2,

The next round of MA drilling at will happen after the Seismic Survey.

"The survey will cover the West End area and results will assist in designing further deeper drilling to test themultiple EM conductors identified in this area;"

The previous announcement indicated completion of the Survey around mid July. So my guess is that it is unlikely that drilling will resume at MA before August.

In the meantime, RC drilling continues at Patersons. That will probably chew up >$1.5m. It is most likely that sufficient funds are in place to allow for a concerted deep drill program at West End.

I wouldn't be ditching SGQ at this point in time with Paterson in the pipeline and West End yet to be significantly tested.

Cheers
Mulac1