Quarterly for AUZ was an interesting read, I was especially...

Quarterly for AUZ was an interesting read, I was especially liking the plan for further drilling at Dixon this quarter . Seems they now have more of an idea on the controls for mineralisation namely "the mineralisation at Dixon appears to remain open both at depth and along strike to the south". Further "Australian Mines is seeking to test the strike and depth potential of the gold mineralisation at Dixon via an 1,800 metre reverse circulation (RC) + 760 metre diamond core drill program". This looks like 2 DD and a further 8 RC holes peppered through the previous drill area to test depth and strike as well as further defining controls on mineralisation. This will at least give a definitive answer  as to weather they continue with exploration at Dixon or focus their attention on their new JV project at Arunta West.

With a confirmed 6km of potential ground along the Dolerite/Basalt contact, there is plenty more potential yet for Dixon. With AUZ likely to reach the 3 million spend shortly giving them 80% control, they are definitely not ready to give up yet. With the PPP crowd along for the ride, obtaining funding for further exploration should't be too difficult if they come up with the goods.

What really surprised me was that AUZ still have 1.5 million in the bank which has given them many more metres to drill, well beyond what I was expecting.  

Exciting times ahead!!!!!