Ann: Noombenberry Exploration Update, page-53

I'm a big fan of ADN. I very nearly took a large position in it early in the piece back at 3c days. Watched all James Marshs interviews and never claim one to be to be better than the other but simply look for upside where there is upside. IMO and clearly in ADNs proven case both have it in spades. Great potential here in LRS come infill drilling and jorc showing the tonnages next month.

Right now this drill program is 2 things. Where do we infill drill and where don't we waste money/time drilling. Hence the 200m spaced
blanket drill program. A 6% grade average over such a vast area highlights the potential for much much more given the reported thickness of the reported assays. What do you think will happen to that average grade when the air core drills are zeroed in on the higher grade areas that hold thick intervals? Obviously they will climb.

What if these zones stretch for dozens of meters surrounding these holes at similar thickness, or even % grades entering the teens

lets take a look at LRS
Hole 068 - 26m @ 9% Halloysite
Inc 15m @ 15% Halloysite

Hole 058 - 47m @ 7% Halloysite
inc 17m @ 12% Halloysite

Hole 067 - 15m @ 8% Halloysite
Hole 066 - 6m @ 11% Halloysite
Hole 064 - 4m @ 14% Halloysite (though lower brightness)



Going over ADN Great White assay results reveals generally very high grades at generally thinner thicknesses. Grades over 10% highlighted as 1 drill hole.




We can see so far going off of Great White results how the 2 projects differ. LRS is shaping up to be vast with good thicknesses and ADN is no doubt high grade at thinner intervals.

Furthermore ADN has phenomenonal project metrics. Low Capex, quick mine payback, IRR of 175%! Surely if LRS Noomenberry is at least ballpark it can grow to become a successful project.

Massive tenement, 15km strike. High grade grabs to the north and nearly 1/4 200m spaced drill holes finding halloysite. I will definitely continue to hold.