Ann: Shallow, High-Grade Gold and Silver at Chicken Little, page-27

Hi all,
Well spotted Green Bull, another iron in the fire for early cash flow. It is fantastic to see 1.7 sold through followed by a strong replacement bid currently 2.168M shares. I don't often comment on price but had been watching the price compression down here in the box defined by GB too. Metzke's Find may look small at present but some additional drilling could open this up along strike and at depth for even more cash-flow than the market expects. From 2020 old records:

Illaara project

Illaara is located 160km northwest of Kalgoorlie in the Yilgarn Craton and covers 75kms of strike along the Illaara Greenstone Belt. Illaara is prospective for typical Archean mesothermal lode gold deposits and Cu-Zn VMS mineralisation.

The Illaara Greenstone Belt has now been consolidated through an acquisition from Newmont and subsequently the purchase of Metzke’s Find and an option to acquire 100% of E30/485 and E29/965. Newmont defined several camp-scale targets which were undrilled due to a change in corporate focus. Historically, gold was discovered and worked at Metzke’s Find and Lawrence’s Find in the early 1900s.

Metzke’s Find

Metzke’s Find consists of historic workings that extend over 700m in strike and sit within a 12km long orogenic gold corridor. No work had taken place along the corridor to the north and south. In March 2020, results of a 12-hole RC drilling program around the historic workings confirmed bedrock gold mineralisation at Metzke’s Find.

High-grade gold

DRE said that encouraging results were reported from the eight reverse circulation (RC) drill holes completed at Metzke’s Find.

Significant results included MZRC019: 4m @ 19.9 g/t Au from 45m including 2m @ 39.2 g/t Au from 45m; MZRC021: 4m @ 10.5 g/t Au from 108m including 3m @ 13.8 g/t Au from 108m; MZRC022: 4m @ 10.5 g/t Au from 19m including 2m @ 20.7 g/t Au from 19m; MZRC015: 2m @ 12.8 g/t Au from 51m including 1m @ 24.8 g/t Au from 51m; MZRC016: 8m @ 8.1 g/t Au from 84m including 3m @ 21.0 g/t Au from 85m; and MZRC026: 4m @ 2.2 g/t Au from 119m including 2m @ 4.3 g/t Au from 119m

GLTAH CW