Avira Resources (ASX:AVW) granted Throssel Range exploration licence, page-42

Unfortunately this kind of penny stocks have proven to be quite risky investment and sometimes some companies have to drill thousands of holes, keep burning cash and keep doing CR before they find high grade gold, like some companies I know had to drill 50,000 holes before they found actual gold and sometimes the total shares supply reach 10 billion which creates dilution upon dilution, AVW tried to consolidate shares in the past but shareholders refused and they may try again in the future.