Page 14 of this morning's announcement gives initial interpretations of the VTEM survey. It looks very good. The image they gave has a lengthy pinkish area that stretches for about 25 km on the right hand side!!! (more conductive areas appear as hotter colors).
Some relevant comments on the matter from this morning's announcement:
*EM anomalies at Gundaroo, co-incident
with gravity anomalies
? EM targets in Wonawinta area
This company will do well if everything goes to plan. Hopefully this precious metals boom is long and drawn out, i.e 3 more years. CCU should prove to be a super investment for the patient if things work out as planned!!!
http://imagesignal.comsec.com.au/asxdata/20110822/pdf/01209136.pdf
initial vtem survey results
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