Ann: Change of Director's Interest Notice , page-4

Personally am extremely intrigued by the strength in the SP since the last ann!

"Despite the relative paucity of mineralization in VUD 11 and the two previous holes drilled in this
southern segment of the Vulcan IOCGU target (VUD 9 and 10, Figure 1), Tasman is encouraged by
the magnitude and large aerial extent of the geological processes (extensive hematite rich brecciation
and pervasive hematite-sericite-carbonate alteration) that have clearly been operating in this part of
Vulcan. The task is now to find where this very large system has concentrated the copper, gold and
uranium normally associated with these IOCGU geological processes."

Can someone a bit more knowledgable than me please comment on this. IE does this sort of mineralisation ever occur without a Cu/Au/U leg

From my reading of the ann they seem to be saying "we know its here, we just have to find where its been concentrated into an economic quantity/concentration.

Its a also a bit interesting to me that that the biggest mine in the world (OD) took 10 holes to discover and even when it was sold by WMC they still had no idea of the true extent of it.