Been buying $AME.ax $AME and $MDI the last few weeks

They are now some of my largest holdings

The Sandstone region is a historically prolific gold region

I'm betting there's more if they go beyond 100m

A. Drill holes > 50 m of vertical depth
B. Drill holes > 100 m of vertical depth
C. Drill holes > 200 m of vertical depth

$AME.ax $AME $MDI

Depending on which experts they spoke with the estimates vary quite widely for the region (with some wild numbers on the upper end)

Saying that - the conservative figures and existing resources with infrastruture are already attractive enough for me

$AME.ax $AME $MDI

$AME still needs to test along strike from historical mines and existing resources and of course deeper - which $AME.ax are starting to do now

Note the nice grades so far

How is $MDI linked to $AME.ax?

$MDI has the infrastructure (planned restart 2021) for the Sandstone region (not to discount the existing 692k oz resource) - and $AME has the large ground that still needs more exploration

Refer to maps

$MDI is literally within $AME.ax grounds

So what could we possibly expect if $AME goes deeper and along strike?

Let's have a look at some results from $MDI - which has had more recent exploration

4m @ 99.5
4m @ 90.6
8m @ 56
22m @ 24

508.3m @ 1.3
372m @ 1.52
230.4m @ 1.62

If there's so much potential - what was holding back $AME from recent exploration?

-3 take over offer bids!-the last of which just only expired
-And money in the bank

$AME.ax now cashed up and also free to get more holes in the ground to test along strike & eventually deeper

$AME.ax board and management already hold ~18% (post CR SOI), yet they're still applying for more shares

You'd say they're confident in $AME
- which gives me confidence when the team already has a lot of skin on the line, but is willing to fork out more when given the chance