Ann: Operations Update 64North Project Alaska, page-18

Location is everything in projects, the region in Alaska has yielded >30moz in three deposits. The area is still largely under explored and exists on a major structural setting in the ring of fire and hence highly prospective in hydrothermal deposits.

The are still risks involved, but the news of intersecting the shear zone and heavy sulphidisation in drill core points to a high likely hood of a discovery. The sulphidisation being noted as increased says they are vectoring into the core of alteration where a deposit is likely to be discovered. Hopefully one of economic significance. That’s when I jumped in, there are subtle hints in reports and where an understanding of geology helps.