I like the reference to Kanowna-Belle and the intrusion related mineralisation model - this means a bigger exploration target than what many juniors are chasing ATM. While a narrow high grade gold bearing vein gives sexy assay results the costs of production are high/extreme, give me a large tonnage moderate grade deposit with low mining costs any day.
Interesting to see that they have been sampling the water bores they drilled last year (?) - if there is any gold there then that could be the next results announcement?? Some good news prior to drilling could really get this ball rolling.
APC Price at posting:
11.5¢ Sentiment: Buy Disclosure: Held