Ann: El Zorro drilling continues to expand Ternera, page-51

This question comes up every time the company releases assays and is explained all the time around here. The results need to be interpreted in context of the system.

Take hole 19 and 63. 19 mineralisation occurs from close to surface and likely extends downwards to the mineralised intercepts of hole 63.




Now take hole 66. We have not drilled anything directly above it yet so talking about economics of recovery in this area is a bit premature. When posters here say that the system is mineralised from surface they refer to the central high grade area where the mineralised EZT is exposed to the surface. As we extend outwards it may not be from surface however it is highly likely it occurs closer to the surface, we just haven't yet drilled above those deep intercepts.