Ann: Placement Completed & SPP Launch to Fund Immediate Drilling, page-40

you are joking right? That's such a long bow to draw its irrational. There is massive amounts of gold still to find in the Yilgarn. What you are failing to recognise is that the evidence and past exploration point to very few if any UNKNOWN near surface opportunities. The ones all being exploited now have been known about for decades. Past prospectors and explorers were not idiots. In fact the modern junior geologist is unlikely to leave the office neverless be able to go out and walk the ground to structurally map around old workings and read the ground to understand what was/is there. 4D computer models cannot be built without that information. Modern exploration has to look deeper because the near surface stuff has already been found and in most cases exploited. If you do understand exploration then you will know the odds of commercial discovery are very low.

If the prospect was such a hot target why has it apparently never been drilled before? I will repeat there are thousands of similar old workings around there. What makes these, on a once discarded piece of ground, so much better that everything else around there? is your exploration strategy to re-take rockchips around old workings and drill under them? Guess what that's been done twice over!

Do you think whoever dropped the ground before SEG pegged it did not assess the potential or those before them? if it was such a hot target then I am pretty sure the ground would have been on sold rather than discarded. Mine you having said that there are more than enough idiots out there.

Bring on the lie detector and let's see. I for one will not be betting on the 1:1000+ chance that there is anything there of commercial significance.