Argonaut has reviewed quarterly results for select WA gold advanced explorers. These explorers remain well funded, with access to additional capital as needed. Quarterly exploration spend has remained steady over the last few quarters and we don’t expect this to change. Over the last three months we have seen good drill results rewarded. A Stage 2 study for BGL and Scoping study results for DEG’s Hemi are the two big ticket items expected in the September quarter.
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