Clever bastards, they know exactly what they are after! and it turns out its proterozoic rock...
I did some overlays of the tenements and some geological maps, was really messy and not fit for posting... however check this out.
Auburn resources sits square over the top red formation that looks like a melting H and Austin mining tenements intercept the lowest formation twice.
IMO ANW and Auburn resources are chasing the same fault and will collude to make it a hardcore mining district once again. Not sure how impressed I am that ANW seems to have done the leg work for Auburn to go chasing targets, but i guess thats NM's style.
Eitherway, i'd imagine that Auburn and ANW's results will be very very similiar.
ANW Price at posting:
1.6¢ Sentiment: Buy Disclosure: Held