Ann: Future Facing Commodities Conference Presentation, page-3

I thought this sentence on slide 12 was interesting: "47 of 48 holes... have intersected anomalous copper".

According to the release 28/03 (pages 19-20), 48 holes have been drilled in the NCP, but assays not yet reported for 15 of them.

Are we to infer from this that all the holes they haven't released results for (perhaps with the exception of one) have intersected anomalous copper? It could be inferred from this that visuals or XRF have shown copper mineralisation but the company is waiting until assay results are received to report anything.

This is of course wild speculation and inference where perhaps nothing should be inferred! But the numbers struck as me as suspiciously close.