There's plenty of gold here at the intersection of the north rail (The Ghan) to Alice and Darwin and the westerly Indian Pacific to Perth.
The names on the map give the clue that this is an historic goldfield.
Really the drilling is to determine where the best grades are, not if there is gold.
Congratulations to the company for this considered announcement.
It is expected that millions will be spent running the mine and exploration to maintain reserves;
but an added delight for them to spend a couple of hundred telling investors what they are doing.
WPG Price at posting:
3.8¢ Sentiment: Buy Disclosure: Held