Hello 71c4
We are having different definitions of exploration I suspect. The underground drilling is continuing as per last quarterly report. That is stope definition drilling that is converting resource to reserve and not significantly changing the life of mine. Such drilling is a normal part of the mining cycle especially for a deeper underground operation since the deposit is drilled on 30m to 50m centres and is being closed in to ~20m centres for mine planning. There is the likely hood of adding bits to the edges as you suggest.
For me exploration is finding another deposit and adding years.
They did stop developing and upgrading the resource for much of a year due to the Glencore shinnagins. A drill rig running UG would cost roughly $600000 to $800000 a quarter.
There has been no new exploration mentioned or reported since 30/4/2015, (which was repeated in the June 2015 quarterly report).
AMI Price at posting:
14.5¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)