Ann: Okvau Drilling - Multiple High Grade Hits in, page-4

re: Ann: Okvau Drilling - Multiple High Grade... Hi

Okvau - Multiple High Grade hits in a single Hole,, resource announcement

Over the coming months the Company will continue to unlock the value of the Cambodian Project by targeting a number of satellite targets across its 1,100 square kilometres land holding. With the onset of the wet season, the Company is undertaking a comprehensive surface geochemistry program (stream sediment sampling and soil sampling) to prepare for an aggressive drilling program testing satellite targets during the dry season.

Patersons Broking say,
Assuming a 25%
discount to the market RNS would be fair value at circa $0.41/share or 2.3x its current
level.