Ann: Exploration Update - Borborema and Jaguar Projects, page-7

This ANN is incredibly mediocre, continuing the current trend of the complete mess of communications by SLM.

Assays were due late August, what happened to this?

Drill rates were supposed to improve.....oops?

DD period finished 6 days ago. The way this ANN is written - it appears management has no clue whether or not the tenement actually has anything economic or not. They would have completed a further 4-5 holes by now - if the visuals from these are so poor that they still don't know if they should exercise the option on the tenement?

Width of outcrop at this new tenement.....hrmmmm radio silence.