Brad Valiukas has emphasized the intention for growth beyond Maldon. In Henty the potential of the mineral trend towards Mt Lyell is mentioned in each presentation. In Maldon the EL just north of their ML has been recently acquired. (I wonder if they may be knocking at the door of KZR that holds EL006959 just south of Maldon at some point.)
So strategy-wise it wouldn't be far-fetched to also look at potential in the gold trend around A1 with cumulative production of > 5 million oz. E.g., the WRM leases also contain Woods Pt that historically produced 900k oz. "The review reveals that Woods Point contains 197, or 60%, of the 320 known historic primary gold mineral occurrences within the Walhalla Synclinorium with 95% of all historic production outside the three major deposits - Walhalla, Morning Star and A1." “The Walhalla Synclinorium is host to an estimated 6 million ounces of gold production and White Rock controls a 660 square kilometre tenement covering the core area." https://www.proactiveinvestors.com.au/companies/news/966472/white-rock-minerals-continues-to-grow-confidence-in-woods-point-gold-prospectivity-966472.html
KAU Price at posting:
19.0¢ Sentiment: Buy Disclosure: Held
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