The SA Diamond PlayiPurcell opined that the SA project is 30 km from the world famous DeBeers Kimberley Mine that DeBeers had explored and given up. But then they tried to get it back and was beaten to the punch. So, there must be something there.
Don't forget Chuck had worked as a geologist in SA in his early life and crossed path with DeBeers. He managed to get Intel from former employees about the Ekati prospect that had been traversed over by DeBeers which failed to find the diamond discovery. This could be another failed attempt in SA. There is bad blood between the two.
MTX is turning into a gold exploration co. The claims might be related to MTX’s former partner Dianor’s spinoff of Threegold Resources. Chuck bought back 17 percent of the gold claims in 2017 from that defunct co and now owned 100 percent. Threegold owned highly prospective gold claims in James Bay, Quebec, near Goldcorp and Ossisko Mine.