Ann: Drilling Update for Mt Alexander, page-58

I might be wrong, but I don't see any negativity in synthesizing all the scattered results ozblue put so carefully together from the drilling over the last 2 years. It was becoming obvious from the last three campaigns that the shallow intersections, despite their good grades, are relatively narrow without strike continuity. In other words, they appear to be poddy and are presenting difficulties in producing some kind of an economic resource or we would have had a resource by now.

We have alluded in our posts several times that the shallows may not present an economic resource, and I feel this is why the company has diverted its attention to the deeps. To date, they have not come to grips with drilling the deeps, high anomalous Siemen targets, but we remain optimistic that they will represent large and thick accumulations of economic massive sulphides. Otherwise, we should go elsewhere. That is what exploration is all about.

ozblue has done the work that SGQ should have diverted their attention towards and reported on its findings several months before Covid. Maybe that would have prompted them to change the exploration priorities. Just saying!

Cheers,
Helmenesh.