Sounds to me like they are telling us they understand the geology now and just have to prove up a little more to make their theories a reality. Very positive in my eyes. Plus Khareema is right NW could be a game changer as well.
Drilling at Eagle's Nest has traced the ultramafic dike to depths of greater than one kilometre. Recent geophysical interpretation of historical data, which the company's geoscientists believe accurately map the ultramafic host rocks, extends the highly prospective ultramafic-granodiorite contact to a depth of nearly two kilometres where the company's deep drilling program is focused. At the same time, the interpretation identified numerous target areas within 200 to 300 metres of Eagle's Nest with excellent potential to host mineralization.
Phats...(Sean)