The potential for a large IOCG or ISCG mineral source in AMG tenements is highlighted by the request by Newcrest to 'review the current Ausmex exploration data set associated with the Mt Freda Complex'. What does it suggest about the unreleased drilling results at Canteen? One reasonable conclusion is that Newcrest are excited about the prospects for a major discovery but concerned that AMG may have two thirds and they only have the one third share.
AMG Price at posting:
15.5¢ Sentiment: Buy Disclosure: Held