The Announcment was a little obscure.But read between the lines...

The Announcment was a little obscure.
But read between the lines very carefully and it is all good news.
First of all the results do not include the all important diamond cores.
Remember the target was from 400m-600m below ground.
No lab results have been announced regarding this all important 400m-600m zone.

However from the first page of the announcement, it mentions "HIGHLY ALTERED WITH MINERAL ASSEMBLAGES"

Interpretation here is "The drill core looks VERY good but we have to wait for the lab results before we can legally say we have struck paydirt"

The other VERY Important thing is M2 now has 8 Drill holes. There was only supposed to be 5!
At around $250K per hole, the fact that they are now drilling more holes should give you a very big indication of what they think of this prospect.

Reading between the lines M2 is VERY PROMISING.
OLYMPIC DAM II here we come!

So the results released so far are fairly meaningless.