YMYC podcast, page-9

Rob spoke about the cost and time advantages of this approach. Government funded, so we retain as much cash as possible for drilling. As the survey is also in progress, there are obvious time savings as well.

I tried to glean from him which of our seven LH tenements they were most excited about, however, he wouldn't go there. He mentioned the Riversleigh Lineament (a major fault in the area) and how such faults act as structural traps for mineralisation. Made a comment that they may have identified/discovered a new sub-basin in the area.

I went back and had a look at our LH tenements. Here they are:



In terms of his comments relating to the Riversleigh Lineament, EPM25985 (to the left of the Century mine) is the closest tenement to this major fault. Here is a screenshot from the Queensland Department of Natural Resources and Mines of this tenement:



You can see the Century Mine (bottom right) and its proximity to EPM25985. Decent nearology play.

The last map shows the Riversleigh Lineament that Rob mentioned in our chat:



They are working on identifying the best shallow targets and have prioritised LH as their next drill focus.

Interestingly, they are chasing a McArthur River as opposed to a Century-type deposit, however, that is a discussion for another post.