Ann: Mutooroo Copper-Cobalt Lode Extensions, page-9

For those that are interested, Proactive YouTube video (8 minutes long) from yesterday, Dr Chris Giles gives the business case for the company's Mutooroo project, where a recent drilling program confirmed copper-cobalt lode extensions and hit relatively high-grade mineralisation at the Mutooroo deposit. Dr Giles says there's more to explore in the Mutooroo Project Area.




Mutooroo Project - in ground value, at spot US$ prices

	Column 1	Column 2	Column 3	Column 4	Column 5	Column 6
1
2
3
4		US$ spot metal price	Grade		US$
5	Copper (tonnes)	9,728	1.53%	195,999	1,906,655,879	54%
6
7	Cobalt (tonnes)	72,000	0.16%	20,200	1,454,400,000	41%
8
9	Gold (ounces)	1,843	0.20 g/t	82,100	151,310,300	4%
10
11					3,512,366,179

Note: grades in table are for the sulphide resource category.

Cheers

These are only my thoughts and it does not constitute investment advice. Before acting on any information you read and before making any financial or investment decisions, you should always consult your advisor(s) or other relevant professional experts