Ann: Drill blast holes expand native copper zone , page-11

re: Ann: Drill blast holes expand native copp...
alex1962,

Having bought in the AUM days ,you would be sitting on a tidy profit even at today's low share price and congrats on your investment .

Today's announcement is an important one as it will affect the profitability of Las Minerale in the short term as will what is being found at depth at Rocklands South in the long term .

The earlier announcement in relation to the finding that the native copper nuggets were not being captured because of the friable nature of the material in which they were found was not unexpected by me as the video "There is something very big under there" alluded to this possibility.

What was not expected was that the Diamond drilling looks to not have captured all the copper as well and now we are getting excellent results in what were considered void areas.

My interpretation from reading the report is that the wetness of the ground hindered true readings being obtained. Following dewatering and now with a dry environment, the former low grade results are being importantly replaced by higher ones.

We do not know the size of the area at Las Minerale where the dewatering was done.

We do know that the dewatering process at Rocklands South has led to an important new discovery at depth.

If today's announcement for Las Minerale coincides with a similar occurrence at Rocklands South, that would be a most pleasing development.

The open cut at Rocklands South appears to be behind in development to that at Las Minerale so it may be some time before we have advice on grades in what have become dry areas.