Drilling to continue through next quarter. Some of the money raised with ANZ will be used for future drilling with high expectations expected. Part of the latest quarterly report as follows; A detailed ground-based gravity survey was completed over 3.5 km of strike adjacent to the Chariot deposit to identify bodies which are known to host significant gold ore bodies in the Tennant creek field. Numerous significant gravity anomalies were defined resulting in the definition of 17 high priority, shallow, drill targets. Importantly several of the gravity anomalies have no significant magnetic response indicating the possible presence of non magnetic hematite bodies. These are priority drill targets.
GTM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
