FORWARD PROGRAM • Reverse Circulation (RC) drilling is continuing with two drill rigs (track mounted drill rig and fly drill rig)within the Storm area testing resource expansion and high-priority geophysical targets. • Diamond drilling is in progress on resource and exploration targets. • First laboratory assays for the summer drill program are expected within 2 weeks, with further assaysdue in another 4 to 6 weeks • EM surveys will recommence shortly to complete the deep searching surveys within the immediateStorm area, then move to the Tornado and Blizzard copper prospect areas. • The environmental monitoring and survey activities for the 2024 program are underway. • Studies on beneficiation processing methods have been completed on a variety of ores from theCyclone and Chinook Deposits, with results to be released shortly.
The last dot point is the one I like - means the progress towards ore benefaction to a DSO concentrate is well advanced. IMO we might be shipping product in 2025. Lets face it, more exploration results are now a bit pedestrian - we know there is plenty of shallow ore to start DSO, and frankly the Storm copper endowment over 60 km means they will still be drilling new areas in 10 years time. That's not to say that the jolt voltage would not come when deep copper is delineated, similar to Mt Isa, (I believe) but flat laying.
GL holders.
AW1 Price at posting:
12.5¢ Sentiment: Buy Disclosure: Held
