While we are working on acquisition for hopefully the specialty metal space which is burning hot right now.
This isn't a bad way to explore what we already have which is three mile prospect.
No drilling for almost 30 years, only one single line was drilled and they came up with a pretty stellar hit, anyone who drilled a couple of holes at a prospect and came up with that result today would be sailing to the moon.
Not bad EFE has a pretty nice looking iron ore project too they could go with too, but they seem to have something bigger in mind, abit of drilling in the interim better than sitting on hands in a hot exploration market.
Ann: Nowa Nowa Exploration Update, page-5
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