Ann: Quarterly Activities Report, page-3

A number of years ago the company sunk a deep drill and it made headlines as like 10kg/t, the highest ever on the goldfield.

They tried again and couldn't confirm the find.

I think management are looking for it again, they tried again recently but the hole couldn't be finalised.

I think that is the reason behind the JV with FMR to accumulate a fund to explore the depth of the old mine and nearby.

This is just my take on it as I see it. Hope that helps.