Ann: Quarterly Activities and Cashflow Report, page-49

Yes - this is what MAD203 was for:
The intrusive-host structure is interpreted to continue from MAD173 westwards to MAD199. The new drill
hole will test for continuity of mineralisation along this 180m strike between the two holes.

This is what MAD204 is doing:
MAD204: The second hole will be a step-out from MAD202. The new drill hole will target the very strong
81,000 Siemens off-hole conductor identified from the DHEM survey in MAD202.
The area is associated with a large gravity anomaly representing a body of dense rocks that is interpreted
to be massive sulphide accumulations

So agree MAD204 will be "make or break"!