Ann: Technical and Corporate Presentation Update , page-11

re: Ann: Technical and Corporate Presentation... Amazing that it got back down here with a resource update imminent.
Makes me wonder if some of those sell orders stacked on above the market price are trying to push it lower into their buy orders.
Maybe they are real sellers with POG down.
Either way I won’t be surprised to see them disappear when the jorc is released.

With all the high grade results this year, Western Limb extensions and GH, I can't see how this resource upgrade or the scoping study update are going to be anything but strong.
Western Limb extensions at 44g/t on surface sampling over 197ms strike compares to the average vein in the jorc at 24g/t.
24g/t is still a very high grade, but at 44g/t WL extension holds 83% more gold over the same tonnes.
However it will also contain many more tonnes than the average vein in the jorc.
The width shown by drilling was to 10ms true width. If it averages 3-6ms width, then that will probably be the widest vein at OP.
With 83% greater grades as well as greater width, it is clear this will contain much more gold than most veins in the jorc over the same length.
It not only is much higher grade and width than the average vein in the jorc, but it is also the longest at 197ms.
It also extends to 280ms which is deeper than the depth used to calculate the jorc.
This vein alone with its continuity from surface to 280ms, its much higher grades and much greater width will have a very strong impact on the jorc which already sits at half a mill ozs.
Then there is GH. Not as deep, but 103g/t over 60ms strike and amazing results from drilling like 42ms at 44g/t including 15ms at 118.5g/t including the main vein with 3ms at 546g/t. That is easily the best drill hole to date.
These are the best discoveries to date for the project but there are others since the maiden jorc was released plus in fill results so I don’t see how anyone can expect anything other than a strong upgrade.
Amazing to see people selling here.