Ann: Commencement of Drilling at 100% Owned Minyari Project, page-15

• Looks like quite a few more sites have been prepared at Minyari since 10/5. I also suspect they may be re-using some previous sites perhaps with steeper holes or different azimuths (highly speculative but there are some sites that seem to have been re-newed IMO)
• Some sites prepared at WACA as well
• Boxer drilling commenced (probable IMO).
• Still seem to be drilling the same solitary site at Calibre. Suggesting a rather deep diamond hole.
  
• Have not looked at Judes or other sites yet or taken the time and effort to put the recent Min/WACA sites into context. There may be other work going on. Good to see Boxer being drilled.
• Another teaser is being drilled by Encounter resources west of Tim's Dome or 25Kms from Telfer. First indications are that a large low grade system has been tagged at Lamil and only lots more drilling will tell what is out there. The Mt Crofton intrusive suite is between Lamil and Tims. Sentinel link to Lamil
• More work to plug in....Maroochydore is somewhere in this neck of the woods plus other ENR and perhaps other deposits. Paterson is a hot spot.
• IMO there will be a spectrum of this style of deposit with of variations in size and grade (mostly Cu/Au in varying ratios) - what many suspect. Hopefully quite a few companies get lucky. AZY can be greedy and have most....pls