Ann: Drilling Commenced at Kalman, page-18

I also remain confident in HMX returning to 10 cents, not sure this year but 2022 seems highly likely to me. I should also restate that I am better at picking exploration potential than shares prices - not investment advice DYOR. Drilling is really important because there is not much else except commodity prices or corporate activity that will increase share prices. HMX have almost too many juicy targets and a balance between increasing JORC resources and exploration drilling is a good thing. Increasing resources will help to make the transition to a development project. Exploration drilling will increase the chances of finding a new big IOCG/ISCG and thereby increase the value of HMX 100% ground if any future negotiations with Sumitomo, Carnaby or others. Also if there are new finds any future development project is right sized for the resources. Lots to look forward to in 2022.