Ann: Bonanza Copper Hits and New Discovery at Storm, page-81

Great ann, Great results - with much more (hopefully) Great results in the pipeline.

Here are my take away points.

1. Most important - if this deposit was anywhere but in the Arctic it would have been discovered and exploited by now. That's to our great advantage.

2. Dave has said that drilling will stop in winter for safety reasons - I guess that simply means possible lack of access in an emergency.

3. There is plenty of work for AW1 to do over a 5 month break in the drilling, which has proceeded at break-neck pace over summer.

4. Ore sorting is fundamental to the DSO concept - success so far will be followed up with quantitative assessment with capex and opex for incorporation into a Scoping Study. That will continue and should be finished by next northern summer.

5. This is a structurally confined deposit. Already today we see that the geos have defined the faults which they think controlled the movement of mineralised fluids from the deep feeder. Next IMO they will relate the surface copper to those faults and so determine the fluid pathways - then relate that to the horizontal deeper mineralisation.

6. Storm will be mined. IMO that is for certain.

7. Storm may go deeper and deeper as the fluid pathways (in the faults) are mapped out. Could be a monster monster.

8. My view is buy what you can and hold for the grandkids.

9. We should continue to drill out Western Desert and pay special attention to the Indium. Indium is essential for many types of solar panels.

10. This is North America - second best place on Earth to make a monster discovery.

DYOR. This is my personal view only.