Ann: Strong Drilling Results Extend Known Mineralisation, page-31

Hi GJ,

The heritage issues have held them back at Roe Hills, but they're going start drilling down there right about now. My understanding was that around the beginning of June was the starting time for drilling at Roe Hills. We should be able to get an idea if we have pay dirt or dust and rocks at Black Cat, Crystal Palace and Blue Jay during July and August.

They're looking to drill Mount York for gold in Q3-4 this year. My understanding was that they would start seismic work for the lithium at Zakanaka and Iron Stirrup in late Q2 and follow up with deep hole drilling during Q3 and Q4, if it made sense to still proceed with drilling after the seismic work.

$33.4 million / 1.6 million oz = $21 / oz. That's bargain basement. Somebody's going to wake up and take a bite some day. If KAI hits lithium at Black Cat, that could be that day.

All just my opinions.

GLTAH.