From last completed CR, $200,000 was earmarked to undertake...

From last completed CR, $200,000 was
earmarked to undertake reconnaissance
exploration on the western Gawler Craton
project.

This new project is targeting potential nickel-copper mineralisation similar in style to the Sirius Nova deposit.
The Fowler Domain, within which the project is located, apparently shares a similar geological setting.

It appears after many years, Monax has
been working to gather some potential,
highly levered on success, target areas;
of which this is yet another.
Together with the ties with Antofagasta,
Monax may be well placed.