mirror image to nearby 10Moz Gold deposit

most exciting part from todays ann

"The NAE application areas are prospective for Macraes style (>10 Moz) gold deposits based on recent
research by leading experts in Otago Schist hosted gold deposits, Dr Doug MacKenzie & Professor Dave Craw
from University of Otago

 This research has identified a ‘mirror image’ geological setting in the south of the Otago Schist belt (within
NAE’s application areas) to that present at the Hyde Macraes Shear Zone which hosts the Macraes Mine located 60 km to the northeast"

So no guarantees but sounds like they using some pretty strong language about the gold potential here

also its just the first of many gold projects to come

"These applications mark the first step in NAE’s strategy to build a portfolio of gold assets that can add
material value to shareholders in current market conditions. Several other more advanced stage
New Zealand gold projects are currently being assessed by NAE"
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