Ann: Babicho Gold Project Update, page-4

Hi @goldfinger$$

The Company gave any update only just over a week ago regarding their trenching results from the labs on Babicho.
A snippet below with my emphasis:








The 5 holes also I believe are RC drilling , not diamond drilling as you mention.
They extended a lot of holes down to 200m depth which is a good sign in my opinion as they probably like what they saw.
It is exciting they have found 10m-20m quartz veining and the cores look appealing (first of many ticks in my opinion).

Remember this is an initial first time drilling and there should be realistic expectation in my opinion without the headline grabbing grades.

The Company has released that they will undergo a bigger drilling exercise immediately after these initial 5 holes at Babicho.

Speaking to the Company they are working hard and they sound more excited about Chakata prospect also where they are consistently getting bigger zones of quartz veining (20m-30m I believe off the top of my head), to the extent where they sourced another drill.

Let's see but like I keep saying here and other forums - this Company's risk vs reward is very appealing.

~$10m market-cap with ~$4m AU in bank
Excellent in-country relationships and team that has done it before