Yes, not sure about what the plan is for further exploration. My feeling is that they are more likely on drilling further down M1S than on district exploration.
As PaleoBro said above there is no indication they will take it to production. If they are shopping it around then I think the main point of interest for any acquirer would be the jewel in the crown, M1S. If they prove mineralistion extends another say 100-200m then that would offer best bang for buck in boosting the valuation of the company.
I'd like them to do a deal where they can sell off an operating interest and focus on nearby exploration.
Ann: Quarterly Activities Report, page-7
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