Ann: Landowner Negotiations Successfully Completed - Frewena, page-113

J&J

Yes, depending on the context, it can be confusing. ICG announcements are clear, but some posters confuse me when promoting drilling Alteration Ridge.

It seems to me we are not going to find anything in the multicoloured rhyolite ridge and more to the point, if we are going to find a mineralised porphyry, which to me is the only scenario that justifies the Tier-1 label, it’s not going to be close to that rhyolite dome. We may find a decent epithermal deposit nearby and drilling the Alteration Ridge prospect/target on the valley flanks may do that, but the Alteration Ridge target doesn’t jump out to me, or apparently ICG or Resource Potentials, as the best prospect compared to Pampa Corral, Cuncayoc Copper, Ajo Orgo and the rest.