Ann: New High-Grade Zone Discovered at CV13 - 34.4m @ 2.90% Li2O, page-94

"CV13 was DOWN DIP. A cross section should never have been allowed, if it turns out to be a flat lying peg, so be it. thats great. But it was drilled DOWN DIP."

False and answered before, read here:https://hotcopper.com.au/threads/ann-new-high-grade-zone-discovered-at-cv13-34-4m-2-90-li2o.7989078/page-52?post_id=73747077 i dont agree, its simple, you may have a flat lying peg, but it should never have been pumped with one hole and a cross section based on previous stacked pegs further south. Based on those stacked pegs and the reversal of drill, its down dip, and those drilled prior were perpendicular to ore.

So tell me, if you drill ore at perpendicular to the ore for true width, then flip the drill near 180*, what do you call that? ill help, "down dip". if the ore body has changed, great. but, its down dip until the geolgy is proven. helios 3 - neo 0



"You do not have a greater tonnage based on a Jorc rather that the Ni-blah blah. Your pegmatite body is a long an oblong dyke, its not wider, its deeper, if you apply a pit constraint, apply the 2500 version for a depth of 300m plus, your width is not a factor."

False again, huge difference between pit vs no pit constraint resource. See cross section from CV5 MRE below:ahh, no, below 330m from memory requires a $2500 usd pit shell.


All the red ore body (pegmatite) above that is not within the pit shell, doesn't get included into the final 43-101 (pit-constrained) resource. It's a huge difference. Consider that when comparing with other JORC resource estimates/deposits. If it's not in the pit, it's not mineable resource. Even well before the MRE, posters on HotCopper estimated 125-135 Mt resource (without a pit shell):https://hotcopper.com.au/threads/pmt-megathread.7170697/page-551?get_post=true - How about some truth. inferred is 80-100m spacings, the pink on the west side is within the 330 for a usd 1500 pit shell. The east end was a choice not to include, not a requirement, splitting hairs between management decisions is why we are here, if they use the east end, the pit shell would be the $2500 version, so what do you want, $1500 USD prit shell, or $2500 pit shell. For current MRE, PMT did not have 200mt, but yes, if you include the east end your tonnage would have been higher. ill give you a point, because symantics aside, you are correct albeit on a technicality. helios 3-neo 1

Many additional posts on ceo.ca and elsewhere that calculate tonnage. Strike length since the MRE has significantly expanded, and CV13 has been extensively drilled. Still sure Patriot doesn't already have a +200 Mt resource without a pit constraint?

I have 20mt for Cv13, based on 13k of drilling, 150mt of cv5. your grade drops for cv5, but indicated will remain high due to nova. the west extension drilling has been poor. either way, i dont care, its about disclosure, and i have picked holes in this management. the latest in cash in bank, its ridiculous to release a presentation on the ASX stating Q3 109mil cash, when aussies dont realise Q3 is December 31. Do you agree?