Ann: Large Magmatic Ni-Cu Mineralised System Confirmed, page-71

from the ANN:

• Multiple zones of interpreted primary Ni-Cu sulphides intersected within mafic-ultramafic rocks, confirming the presence of a large, complex magmatic Ni-Cu sulphide system at Merlin
•  Sulphides in drillholes now identified along 1,500m of strike and down 500m of dip, open in all directions
•  High power DHTEM survey contractors due on-site tomorrow
•  First two batches of samples have been dispatched for laboratory
  analysis, results expected within 3 weeks
•  Drilling is ongoing
•  Source of large Induced Polarization (IP) chargeability anomaly still undetermined

Wireline Services Group is currently enroute to site to complete the first round of high-power down-hole TEM (DHTEM) surveys on all holes drilled to date. All holes will also be gyro- surveyed, with other electrical logging to be trialled on selected holes. Results are expected over the next 2-3 weeks.

whoever is not new babies should not ignore those highlighted in this ANN and the potential could be Huge....

market always trying to find next SIR to pump, the same as TLM got pumped from 16c to 80c when market found it has found similar as SFR did....

imo, we will find out soon, probably in next 2 weeks given ASSAY already in Lab for a week and DHEM already started and drilling is ONGOING now....