Ann: Drilling returns 10gpt Gold & 7.5% Copper at Deflector, page-3

Always the same argument Volume Vs Concentration. My take is that MYG are expanding what has already shown to be a viable (if small) mining opportunity. Much of the gear is in place (only $50-60mill needed for plant), the hole is already started including all of the costs with road works around it, and the resource (at least the main part) is well understood. The in-fill and expansion of the resource will look to add years of mine-life and hopefully (if good grades found close), increase profitability.