bulago high grade gold zone, page-3

Hi Boy1,

agree, u don't see many results like that - will be good to see what the surface samples show and given they are pending from ALS we shouldn't have to wait long.

Looks like the logjam of results is improving and we are heading into a period with a lot of announcements, the delays on assays seem to be from OTML as cores/samples get moved to Tabubil, sampled and then on to ALS but judging from what others have said before, once at ALS turnarounds should be relatively quick.

So looks like we have:-

Bulago:-
Suguma samples and BUL001 due any time with BUL002 to follow although as nothing spectacular was mentioned re Holes 1 and 2 earlier in the year, I'm not sure if these will be anything to write home about but the Suguma samples should be interesting.

Likuruanga

Hole 2 due any time and Holes 3 and 4 to follow relatively quickly maybe witin a few weeks given they are already at ALS. Looking forward to seeing confirmation of the extent/depth of Hole 1 from Hole 2 and then 3 and 4. These should give us quite good initial idea on the potential of ESIS as each hole is between 615 and 720m.

Leonard Schultz

I like the sound of "interesting trench and soil results" will be a good taster ahead of the drilling program due to commence after a rig freed up from Bulago.

Central New Britain

Data received and being analysed. The last OTML update indicated another 2,800m drill program to start here later in the year so will be nice to see what kind of targets they will be going for.

Not to mention all the other results due from Tasmania SMRV Heli VTEM, 3DIP for Moina and Stormont/Narrawa resource update plus updates from Newcrest JV and then to be followed up with another exploration program ongoing in SudEst.

Will be an interesting few weeks/months ahead.

LB