Have read a lot on this ground during research into PIO, there is some very rich history here with plenty of historical gold finds. The Constantine Sandstone here is mapped as being over 2km deep and of a pebble conglomerate nature, the sequence appears to have escaped erosion due to folding rather than the capping by MRB which is where companies are typically looking. On the MRB front this new block is also well represented with a few of the old findings being on the basal edge of the formation.
CLY Price at posting:
0.6¢ Sentiment: Buy Disclosure: Held