Ann: Major Zinc-Lead Discovery at Earaheedy Project, page-16

Nice recent hits on a prev known and drilled Zn deposit

My quick thoughts are flat lying (Good) and shallowish (Good) open pit'able likely to be large (Good)

800+ km as crow flys from WA Coast (not so good) longer by Road no existing infrastructure that far in

Jorc Target is Med grade @ 4.5% Zn Avg (Note: 2.5% Zn Is consider low grade)

Some High Grade hits (above 10% Zn) are good sign would like to see much more of these.

Will it be economic ... hard to tell this early.

Joint owned ZNC and RTR?

Given 80% rally over the last week (10 -18c) clearly the news has been leaded out so some of news already in price already


But reasonable announcement thus far IMHO