Ann: Drilling Continues to Expand System at Slate Dam, page-23

You've hit the nail on the head @minstrels99 by saying "Gold is where gold is found". Yesterday's market reaction was a result from a lack of understanding of what Peter Schwann is trying to do here with his modelling and theory. I'm positive there are down rampers and market cappers out there creating fear in investors minds that might not be across what Schwanny is trying to do here so the price can be dropped and in turn they can pick up a bargain. Peter Schwann has alluded to the fact he is looking for the source of the current finds in his announcement yesterday by saying "These results will now be modelled in 3D using our new drilling database" and then going on to say "This will help plan for the next phase of drilling and also help identify new priority drill targets across the wider 255km2 Slate Dam Project area.".
As @avagadro has said, 1g drill results can be economical depending on how close they are to the surface to prevent mining too much overburden.
For those suggesting a capital raise is coming, Aruma has put it in writing in past announcements they're doing deals with drillers to pay in shares and are also looking at mining Trojan. This is stuff done by smart operators to create as little dilution as possible for investors.