Do not get your knickers in knot at this very early stage guys....

Do not get your knickers in knot at this very early stage guys. The report shows some anomalies but far from a JORC indicated report yet. Historical data is one thing as opposed to 30 hole cored assay set showing a mineralised zone of note.

The results shown in the announcement do not confirm anything other than small sections of mineralisation , if that. You need a lot more data sets to get a clear picture of what is going on. What is the strike length/width ? What is the depth to ore body ..is there an ore body?

The results may be interesting but not enough data is on hand to make this an economically viable proposition in my view.

You may as well look at the historical and current data in areas like the Heberton North Qld fields.. lots of good minor anomalies but lots of companies that packed their bags due to non commercial viability.

Good luck ..but you really need decent drill hole assay results of substance. Not sure where the ground is but you need to do more research before calling this anything other than a potential resource.

These days funders require at least an JORC indicated economic resource to entertain parting with development money.

however .. if you are prepared to stick it out you may gain a lot or lose the lot. Such is the nature of Junior resource plays at the moment.

DYOR and be careful with your money ..it's not mine so do what you want with it.

Cheers,

HR

No advice given or intended. Just keep digging for the facts.