Ann: Company Update, page-15

Hi @tigertiger2

I believe Tombola was loosely named after the game of marbles, i.e., the biggest one!

If you're not up on the news, the whole region is excited after confirmation of an IOCG (Nil Desperandum) discovery by Carnaby. As you can see in the below map, this happens to be next door to our tenure. It may also explain resident negativity.

As I understand it, this announcement confirms that management's overarching objective hasn't changed. It's just been held up by red tape. First we concentrate on producing gold then our attention goes to exploration on our tenure for the highly prospective 'Tombola's' which are untested with modern geophysics and geochemistry technics.

Exciting developments awaits for those who are patient to maintain their holdings!

All IMO, DYOR, GLTA(patient)H



Image showing, my scribblings in red, approximately TBA tenures in relation to Carnaby's IOCG discovery. Source