Hi @midastouch0707, I suspect you might be right about Brazil : just a distraction project to try & re-direct the bright spotlight away from the lack of site progress at Adelong & the non-existent exploration drilling at Cosmo Newberry.
Regarding Adelong: a JORC resource of 180,600 oz was reported (almost 4 years ago) back in Aug 2020 & since then they've only managed to increase the JORC resource by a modest 7,400oz (for a total resource of 188,000 oz). Unfortunately not enough drilling has been completed at this stage to define any ore reserves.
The outlook for ADG might look considerably better if they secured project funding & drilled 200-300 km's (distributed between their Adelong & Cosmo tenements) to improve the overall probability of making a surprise gold discovery.
Hi @midastouch0707, I suspect you might be right about Brazil :...
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