ann, page-112

that is what I was talking about in my earlier post, this Scoping study was completed on the known existing resources, we still have plenty of room for growth.

“The results from the Scoping Study are very positive for us. It shows we can establish the project relatively quickly, generate early cashflow and payback the up-front capital within a short timeframe based only on known existing resources,” managing director Jon Dugdale said.

IMO, based on how the announcements have been released in past, I would not be surprised to see more drilling announcements very soon. Well hope so,anyway.

http://www.proactiveinvestors.com.au/companies/news/53798/red-mountain-mining-delivers-bountiful-batangas-scoping-study-53798.htm