Ann: Approval Granted for Drill Program at Achilles, page-29

It’s worth lookingat AGC’s IP survey plan in their most recent announcement. It extends southfrom their Achilles 3 discovery following the shear before it trends into SER’stenure, with the Achilles 1 prospect lying immediately over the EL boundary.

AGC’s IPsurvey lines extend right up to SER’s ground, with the portion of the shear fromAchilles 3 to the EL boundary being c. 8km long. Not sure if they’ve a plan toextend their surveying north of Achilles 3 yet. Would think it likely though.

Within SER’sground, there looks to be c. 10-11km strike of the shear, with the knowngeochemical anomalism in the northern third of that strike. A brief look at NSWdata doesn’t show any historical surface exploration or drilling activity overthe southern 2/3 of the strike. Would be interesting to see a first phase of widelyspaced IP lines being rolled out to assess for additional drill targets, in parallel with or soon after the upcoming drill program.

GLTA,

Bornite