Preliminary assays received require further work and...

Preliminary assays received require further work and interpretation to fully assess them, similar to what was done previously in 2011.

Obviously a complex structure, however it seems there may be two options for this find:-

(a) consider a small high grade open pit development
(b) consider a larger lower grade pit development

Since the initial discovery, overall mining costs have changed for the better with the gold price up, A$ down and development/toll costs possibly stable or lower suggesting this could result in better profitability.

Additional work is being undertaken to fully understand the latest results which will take a further three weeks and to be followed up by crunching the numbers to assess the best way forward.

Looks like more time is required to determine whether this is a goer.