korab strikes it rich in the rum jungle, page-3

Hopefully KOR will soon release more details as to what they have found and the scale of the resource.
From what I can tell the KOR lease in the Rum Jungle area on which the discovery was made seems to be adjacent to or very close to those owned by CMR.
An October 2008 CMR presentation mentions an exploration venture covering a 50km radius from Batchelor but maybe this has expired now?
Surely CMR/HNC would not be sitting on a valuable rare earth resource without knowing it or telling anyone, would they??