Ann: Acquisition of High-Grade Ilgarari Copper Project in WA, page-10

Hello. There appears nothing "Tier 1" here. An old JORC has at least1,500m in strike. Its was 100 to 150m deep. There are average widths of at around 15 metres. Density was 2.0.

1,500 x 125m x 15 x 2 = 5,625,000 tonnes. So previously it looks like a high cut off was used to make a 1.1M tonne JORC @ 1.9% but the grade, based on the info below, looks variable & scattered. My impression is the old JORC saying the grade was 1.9% does not represent the big picture .

Thus LRD using a hopeful deep magnetic as the selling point.