The latest announcement "22/11/2012 Exploration Presentation AGM 2012" shows they have found some high grade samples at depth even if Silver for this slide.
The drill hole 244 was the last drill hole by the RC drill at 169m depth.
The cats out of the bag. This site has deep mineralization in sulphides.
As a bonus Yoes Lookout has >100ppb Au in soil which will be the next drill site.
Reading between the lines John has basically said that the whole region is going to be drilled as they believe and as assays will show, that whole area possibly km^2 has gold/silver at depth.
End of 2012 - Identified large resource from assays.
2013 - Drill everywhere with 350m capable drill and estimate a JORC multimillion ounce silver and gold from 0-350m.
2014 - Start digging.
Glad I bought into this company even if it was at 5.6c, with market cap above 40mil, the is no reason why by the end of 2013 this could be 400mil or 10x SP.
Fingers crossed
mineralisation found at depth.
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