WA - you're spot on and I am reliably informed that yes this is absolutely about the gossan and as far as i can figure out, the drilling was to follow up on the magnetite-chalcopyrite.
I can't say for sure but it seems that SFR have an understanding of the geology that others don't have and they think is the winner, that they've used this as leverage to tie up deals with the likes of TLM and that Costico is on to something if not the same then something similar.
Looking forward to Monday.
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