NAE 11.1% 0.4¢ new age exploration limited

Ann: Redmoor 2017 Phase 1 Drilling Update, page-25

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  1. 12,874 Posts.
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    We have re-focused Phase 2 of the drilling program on further definition of high-grade zones within the SVS which we believe are a superior underground mining target than the high-grade lodes targeted by the earlier Phase 1 holes

    Market seems to have read between the lines on this......to me this is basically saying phase 1 was unsatisfactory
 
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