re: Ann: VTEM Identifies Three Conductors on ... Hi Hazee,
Richmond Mining flew VTEM over their tenements, which are situated 50kms south west of ALY's ground, last week. No news yet, but they are also targeting Narracoota Volcanics.
The point here is that the Narracoota Formation appears to be much greater in size and resource potential the anyone has previously realised and all the juniors exploring in this area will benefit from the increased exposure. ALY certainly has a prime piece of the Narracoota Formation running directly through Three Rivers. Some suggest it may be superior to SFR's ground. We won't know this until after VTEM results have been analysed.
Equally interesting is the speculation that a major company may seek to clean up the juniors and consolidate the area for themselves. It's certainly a possibility.
Either way, good news for ALY and all the other explorers who are proving up this region into a potential new minerals province.
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