Ann: AZI Corp Presentation Jun20, page-8

Anyone wanting to do some research on the ore type at Gorno can visit the below link. I have extracted some similar mines from around the world, as we know our MD worked at Lisheen for a lot of years. Galmoy is close-by to Lisheen <10km, showing the district scale potential with these style MVT deposits.

Deposit Country Size (Mt) Pb (%) Zn (%) Pb+Zn (%) Cu (%) Ag (g/t) Host-rock age

Elura Australia 45.00Mt @ 5.3% Pb, 8.5% Zn, 13.8% Pb+Zn -- 69.0g/t Ag (Early Ordovician)
Prairie Creek Canada 11.90Mt @ 12.5% Pb, 22.6% Zn, 0.40% Cu -- 161.0g/t Ag (Early Ordovician)
Florida Canyon Peru 19.90Mt @ 1.7% Pb, 10.9% Zn, 12.6% Pb+Zn -- 17.1g/t Ag (Late Triassic-Early Jurassic)
Pillara Australia 19.31Mt @ 2.6% Pb, 8.9% Zn, 11.5% Pb+Zn -- 17.0g/t Ag (Late Devonian)
Black Angel Greenland 13.56Mt @ 4.0% Pb, 12.3% Zn, 16.3% Pb+Zn -- 32.0g/t Ag (Paleoproterozoic)
Magmont USA 23.40Mt @ 7.3% Pb, 1.0% Zn, 8.3% Pb+Zn, 0.26% Cu, 10.6g/t Ag (Late Cambrian)
Nanisivik Canada 19.00Mt @ 0.7% Pb, 8.7% Zn, 9.4% Pb+Zn -- 41.0g/t Ag (Mesoproterozoic)
Silvermines Ireland 17.69Mt @ 2.5% Pb, 6.4% Zn, 9.0% Pb+Zn -- 24.2g/t Ag (Early Mississippian)
Galmoy Ireland 10.90Mt @ 1.6% Pb, 12.4% Zn, 14.0% Pb+Zn -- (Early Mississippian)
Lisheen Ireland 22.00Mt @ 1.9% Pb, 11.5% Zn, 13.4% Pb+Zn -- 26.0g/t Ag (Early Mississippian)

https://pubs.usgs.gov/sir/2010/5070/a/pdf/SIR10-5070A.pdf

I've noted previously, i think little AZI will firm up 20-25Mt of 10-15% Zn Eq. over the next few years. In a higher metals price environment, the PFS/IRR/NPV will in my opinion be very very attractive.