" I'm not sure I agree about nothing being substantive,..."

I meant in terms of market-moving news. Some may have seen welcome planning and expections in the update, but overall it wan't enough of the right kind of news to make a difference to the market (in this environment).

"Would you expect a larger news release once we get a signed deal from one of the venture capitalists to fund the leaching/open pit drilling?

Assuming you are meaning that in terms of "market-moving news", yes, certainly.