HI benz,I noted with interest that the weighted average grade of...

HI benz,

I noted with interest that the weighted average grade of the intersections was reported as 1.7% cu and 0.25 g/t of Au which is excellent.

You may recall that we discussed KTDD205. It is reported as a 170m intersection of 1% cu grade including a number of smaller intersections of higher grades that add to 74m with a grade of 2.19% which are separated by 96 m of 0.2% grades that are hardly worth processing .

I was pleased to see that the reported weighted average grade doesn't include that 96m of low grade.

Based on how the previous intersections translated to resources my guess is that Lachlan will go close to his 4mt target with circa 1.5% cu and 0.25g/t of AU. If that is right we are in for a very bankable DFS and should have no trouble with funding.

I wonder if there is more drilling at Nugent happening?

The capital raising included provision for drilling at North West and Stella and we subsequently got the grant for drilling at Stella so more intersections hopefully in the pipe line.

Good to see KTDD206 intersecting decent grades in Spitfire and SW Kavanagh