LRS General Discussion, page-3396

Yes, this is the question I’ve been left with after todays ANN. We are 3+ months post the samples being sent to the lab. There were roughly 350 samples so why do we only have 14 of them back?

Its hard to imagine any answer other than that the labs are just really backed up. Once samples are sent to the lab - they are out of management’s hands in terms of how quickly they are processed.

The positive thing is that the 14 samples returned are excellent in terms of brightness and Hallo content. Management have already said they expect the JORC to be increased based on these 14 results.

If you read the drill commencement ANN from June, they confirmed that extension drilling was to be completed first, followed by in fill afterwards. But this makes the current ANN seem strange, because you would expect to receive the extension drill results first, given that drilling happened before the in fill work.

Very strange and it’s definitely a gap in the ANN.

Maybe management will start releasing drill results on a roughly weekly basis like earlier this year?