I think you better read the announcement as this is great news.
While WA projects has had the headlines recently, in the background they have been out on the fields in N Qld doing a lot of geo ground work to have at least two major targets to start drilling very soon once the wet season finishes.
As they have a lot of ground to cover the initial expensive Hyperspectral Survey has led them to all the hot spots or else they would still be unsure which is the best place to even look at.
Now that they have narrowed it down, it appears the Hyperspectral Survey and the recent ground work actually matched and the chances of getting some positive drill results would be high. The best thing here is all the look a like deposits around the area including Mt Carlton are Tier 1 deposits.
So if they find something worthwhile in the initial drilling stage it changes this company in a huge way from a small junior to a serious large Tier 1 explorer literally overnight.
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