let's think outside the square., page-6

Agree Ron, we are being allowed to drift and the market cap/sp is a joke.

From the Quarterly:

'Drilling to recommence at the Anglo-Saxon,Coles and Whitehead areas during May 2013'

'Results from the initial 6 holes drilled at the Coles prospect returned broad zones of gold mineralisation in each hole drilled. Further drilling to test shallow updip mineralised positions will be carried out concurrently with the upcoming Anglo-Saxon resource drill-out.'

'Further drill testing of Coles and the Exile North prospect ..... is planned in conjunction with further pit definition,geotechnical and metallurgical drilling at Anglo-Saxon commencing in May 2013.'

The 'further pit definition' looks to be drilling of The Eastern Margin and beneath Pit 2,the PINC 152 & 153 zone,the 'Neck' and the North-Eastern portion of the ore body around PINC 161 & 162.

Take 'drill-out' to mean final drilling for the purposes of defining a JORC resource. These programmes had no need to wait for the 2nd tranche of Chinese money and if - as we all hope - they are already underway there is every chance that a JORC could be included in the June Quarterly along with some sort of timetable to mine.