This company has a brand new plant, what they don't have is sufficiently high grade material to feed into it for a sufficiently long time to generate cash flows higher than the current market cap at current Au price.
Exploration results may (or may not) translate into increased grade, production, LOM etc.
I don't think they would halt trading if not material as just yesterday they published assays.
=> should be positive catalyst IMHO if it's just about exploration.
GCY Price at posting:
27.5¢ Sentiment: Buy Disclosure: Held