Just had a gander.. i wouldn't get excited yet. But definitely keep an eye on the space.
My interpretation is that PAN are aiming to extend their Maiden Resource's Indicated category (from Inferred or Uncategorised). They want that Maiden Resource area to be bigger, extending from the current small square area to include the area from their Program 1, 2 and 3 (program 3 potentially effects THX).
PAN are planning to do some drilling 1km west of the edge of Program 3 starting from DECEMBER 2016 and into 2017. This could then theoretically have the potential to effect THX if PAN then use that data to model an indicated resource continuing on to the JV area.
It is outside their immediate program though, and Program 3 is also not their highest priority either, so it may take more time to unfold fully.
Just keep watching
Hmmm somethings up?, page-112
Add OAU (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $35.70M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.5¢ | $2.593K | 476K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 24112708 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 25452861 | 21 |
View Market Depth
| Last trade - 14.54pm 12/07/2024 (20 minute delay) ? |
| OAU (ASX) Chart |