Ann: Response to ASX Price Query, page-5

Copper
Say 4.5MT @ 1% = 45000 Tonnes
45K * $9000 per T = $USD 405mill In ground value plus Au and Ag credits
If we find mineralization to say 400m down then over USD 2billion inground value

Very exciting news
The directors tend to be understated like their colleagues at ARR

I sense a rapid move to 0.10 from here
The momentum traders will have logged the 33% move today and it will be on a lot of watch lists



These targets represent a combined range from 2.76Mt - 5.51 Mt at grades of 0.5% - 1.5% Cu, 0.31 - 0.52 oz/Ag, and 0.15 - 0.5 g/t Au. These estimates consider ore potential present at or encountered within 100m depth. These targets are limited to the potential within 100m from the surface. The discovery of additional carbonate rafts at depths over 100m through drilling and ground IP surveys in 2023 could substantially increase the potential of the Garnet Creek project.