Contacted the company and recieved the following reply;
Thank you for your email.
WE have commenced further exploration activity in the current quarter.
We have not been able to release any details as we have not yet received results.
We are also being very careful in managing the companys capital to ensure that we do not go back to shareholders to seek further capital in the near term in what is a tough market for junior gold mining companies.
The Board has been very selective of its target areas following receipt of recommendations from the companys independent geological consultants
We are preparing a market release at this time
Regards, Andrew Metcalfe - Company Secretary
SML Price at posting:
1.2¢ Sentiment: None Disclosure: Held
