The convergence of pegmatite trends towards the eastern border...

The convergence of pegmatite trends towards the eastern border of the Colina discovery tenement is quite close (BLACK circle) to the next door of the neighbours boundary, so I hope that we can successfully negotiate with Mineracao Salinas Ltda. (who are the holders of tenement # 830.833/2001 BLUE box) for access to explore on this land holding.

We have successfully negotiated with this entity previously when we acquired an option over 830.118/2008 on 17/5/2022 and also (the now unsuccessfully drilled) Monte Alto (BLACK box).

I'm sure Mineracao Salinas Ltda. are very interested parties in what we are finding over the fence on our land and are driving a much harder bargain on the property immediately to our east of the drilling discovery. The BLACK circle is where the current discovery is playing out.

But depending on any reviews of the land to the immediate east of Colina by our Geos, I'm sure that CG is onto it and is doing his best to get an option over this land, albeit at much better rates for the Vendor than previous negotiations.

This has the potential to be a monster and the Brazil jurisdication is better than most Australian investors realise (just look at CTM.....).

Enjoy your evening.