treasure island update, page-39

Gentlemen and ladies present

1/basically
1000 ppb equals 1 gram per tonne and 31,100ppb or so = 1oz/ton

2/THE IMPORTANT THING TO NOTE IS the words E O H after most of these readings in PPB.END OF HOLE and some we only drilled pretty shallow to EOH.
JUST DEEP ENOUGH to be exact,to get a sample of the geology-which has a familiar very FOCUS ring about it.just deep enough.
Also note the hole distances 80 mtrs apart thats 250 ft for us old blokes.

3/The above indicates only drilling to find where it's gone,or extended out to,SO YOU CAN FOLLOW IT's PATH OUT and see how near to the surface these anomolies are.

4/ in NON GEO SPEAK-Ah,so there you are and where are you off to next and popping your SCALEY DRAGONS BACK up CLOSE TO SURFACE

5/What does all this mean? Well if you have kids/grandkids you know the song-admit it-go on

"we're going on a lion hunt-and we're not scared"

Just swop in the word ELEPHANT (more than one)

We've just confirmed this is a TWIG off the MAIN BRANCH,not the main branch where this tree has shooted,or have we,is that what the geophys says i wonder?

6/results don't seem great,but we're following a bit of string,looking for BIG KNOTS and Hopefully a few BIG BALLS OF STRING DROPPED BY THE WAYSIDE,by MR GOLD DROPPER on his way through and you'd think carrying his heaviest load while passing thru here on his way NORTH,some big bits might have fallen off when he's taken sharp turns,which is what he has done a few times here where those GEOPHYS ANOMOLIES ARE and maybe that's why we're not going too deep at the moment.
One suspects MR GEOPHYS has already told them HOW STRONG the anomoly is BELOW the POINT OF CONTACT which they have NOW PROVEN IN THIS AREA contains gold.
Mr GEOPHYS was credited with opening up the whole tindals centre's potential,a couple of years ago.Especially the downhole version.

7/THE BIG QUESTION IS WHAT SHAPE AND HOW MANY MORE.Oooopppsss that's right they've said there is another sequence as well.

8/These are but the first of many holes drilled and the labs must be frustrating the hell out of the FOCUS GEO's at the moment and costing a bit of wasted drilling,looking for visible shows,remembering

"THIS ORIGIONAL DISCOVERY WAS FROM LAB RESULTS" not visible gold as the particles were so fine and evenly dispersed within the host rock.Remember that's what got our geo's and MANAGEMENT EXCITED in the beginning.

I have now added TI as a probable source of near gold,rather than discounting it totally in my valuation of FML.It still leaves it valueless,like all FML resources until we have started MINING IT with grades known or suspected.

DYOR+DYODD

-Gold SANTA is no doubt getting presents ready for FML holders who have been good and patient thru-out the last years bounces.Mr geologist can't say the big black spot on the GEOPHYS contains 10 ton of gold now can he,even if comparisons with the same sort of info at TINDALS would tell him it most likely does have multiples of what tindals does.He can but grin and smile and be excited and nearly wet himself trying to contain his excitement.
It sounds so very recent doesn't it.
Awaiting comments from those attending the AGM,to see if he's still as excited,or sullen in the corner and very quiet and composed.He's found more than one of these before an