Hello. No. No. No. No. No. Drilling deeper will unlikely increase the current 1,768ppm near surface average grade to 4,500ppm. Most of the ENV holes are already drilled to 10 metres. Based on VMM drilling, the increase in grade from surface auger drilling to deeper RC/DD drilling is around 12%. These are clay deposits. The grade will increase by around 12% at various depths until they hit transitional rock. Once the transitional rock is hit it becomes uneconomic because only the clay is economic.
Ann: ACQUISITION OF POTENTIAL WORLD CLASS IONIC CLAY REE PROJECT, page-44
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