If this helps, look at last Activities statement, found here a few threads back. I don't hold yet, hold AUZ, but am trying to get in now as I think this will go up along with AUZ.
"HIGHLIGHTS Marymia Project Australian Mines Limited Earning Up to 80% A single RC hole drilled at the Dixon Prospect returned 5 metres @ 11.07 g/t gold from 130 metres down hole, including: - 1 metre @ 29.11 g/t gold from 133 metres down hole; and - 1 metre @ 14.85 g/t gold from 134 metres down hole. Assays are pending for the rest of the hole, immediately below the mineralised intercept of 1 metre @ 14.85 g/t gold from 134 metres to 135 metres down hole. Page 3 MARYMIA PROJECT JOINT VENTURE Australian Mines earning interests up to 80% On 30 April 2014 Riedel announced the key terms and conditions of a farm-in and joint venture arrangement over exploration licences 52/2394 and 52/2395 (“the Marymia Project”) with Australian Mines Limited (ASX: AUZ, “Australian Mines”). A Heads of Agreement was signed by the parties and if the farm-in and joint venture arrangement proceeds to its full conclusion, the earn-in will be worth up to $3.3M. During the June Quarter Australian Mines earned a 51% interest in the Marymia Project by completing more than $1,000,000 worth of expenditure on exploration during the “Stage 1 Earnin”. Australian Mines has now elected to proceed with the “Stage 2 Earn-in”. By spending a further $2,000,000 on exploration within a further 3 year period following the Stage 1 Earn-in, Australian Mines can earn an additional 29% interest (taking their total interest to 80%) in the Marymia Project. Figure 2: Marymia Project - Location Map Page 4 Marymia Project tenement location and geology E52/2394 and E52/2395, which collectively form the Marymia Project, cover an area of more than 425 square kilometres in the highly prospective Doolgunna-Thaduna region of the Proterozoic volcano-sedimentary Bryah and Yerrida Basins and Archaean Baumgarten Greenstone Belt in the Marymia Inlier. The Marymia Project is located approximately 30 kilometres east of the 4.7M oz Plutonic gold mine, 55 kilometres north-east of Sandfire Resources NL’s DeGrussa copper-gold mine (550,000 tonnes contained copper metal), and 12 kilometres east-north-east of Sandfire’s Green Dragon and Thaduna copper deposits (100,000 tonnes contained copper metal) in Western Australia’s Mid-West region (see Figure 2). Significant regional structures identified in the project area include the Jenkin Fault and prospective, mineralised geology including the Archaean-aged Baumgarten Greenstone Belt and Proterozoic-aged sediments belonging to the Yerrida and Earaheedy Groups. The project is prospective for copper, gold and nickel mineralisation and Riedel has delineated numerous high priority targets for each of these commodities. Activities for the Quarterly period ended 30 September 2015 Subsequent to the end of the September Quarter, the first hole of a new RC drilling programme by Australian Mines at the Dixon Prospect (formerly known as Bill’s Area) intersected high-grade primary gold mineralisation. Assay results received to date identified a mineralised intercept of 5 metres @ 11.07 g/t gold from 130 metres down hole (see Table 1 below for results). Assay results for the last 12 metres of the hole, (immediately below the mineralised intercept of 1 metre @ 14.85 g/t gold from 134 metres to 135 metres down hole) have not yet been received. This highly significant mineralised intersection will be followed up with additional drilling"
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