bullish research report

RM research just published a very bullish research report on GXN (see www.gmetex.com.au). They assessed Nearology as very significant for this stock, along with their sampling results.
From the research:

"Significantly, the majority of other greenstone belts so far identified in the Yilgarn are known to
host significant gold deposits. Well known greenstone belts in the Yilgarn Craton include
Southern Cross (10Moz), Kalgoorlie (120Moz), Leonora (12Moz) and Laverton (25Moz).
Investors have taken considerable interest in the activity of ASX listed explorer Gold Road
Resources (“GOR”) which recently commenced a feasibility study on its Central Bore Project
(152,323 oz gold) on the adjacent Yamarna Greenstone Belt."

"What excites RM Research is the fact that GXN is in the early phases of exploration on JRGB
which could in fact represent the “6th gold rich shear zone in the world-class Yilgarn Craton”."

"the Company has
conducted a 6-8 week 3,000 metre RAB program. In addition, a BLEG program has covered
around 35km2 of a previously untested area and anomalous gold values from a previous BLEG
program. The Company is awaiting the results of both programs. All up GXN is synthesizing
575 rock chips, 7,300 soil samples, 970 vacuum holes, 10 diamond drill holes and around 60
RC holes. Detailed mapping is also underway at a number of the projects. At a market
capitalisation of just A$2.5 million, GXN is a tremendously leveraged gold play."