Ann: Quarterly Activities Report, page-3

From Quarterly - does below mean no nickel? how are you going 'old son'

Laverton Downs Project (LDP)
The Laverton Downs Project is 100% owned by APC and located approximately 20km north of Laverton.
Regional geology highlights the potential for gold and nickel sulphide mineralisation. Project evaluation
undertaken by APC incorporating regional datasets, detailed magnetic data and high precision geochemical
assay results derived from historical bottom of hole drill samples confirmed that a Kambalda-style nickel
deposit host rock type is present within the LDP.
In early June 2021, a diamond drill rig was mobilised to the LDP. Two holes were drilled to depths of 213.3
metres and 300.5 metres. Through the quarter the preliminary assay results from the diamond drill program
were received. Results confirm the geology logging where the Versatile Time Domain Electromagnetic
(VTEMTM) geophysical response is best explained by a stringer sulphide mineralised graphitic shale.
In keeping with the gold mineralisation model for the project, several intervals returned elevated gold and
arsenic results, with a peak interval of 8m @ 147ppb Au and 782ppm As from 274m in hole 21LDDD002.
Along with the ongoing collection and assay of legacy drill spoils, these results build on strong gold focussed
targets for future drilling campaigns.
LDP Diamond Drill Program – Collar Location Table3