Ann: El Zorro drilling returns multiple thick gold intercepts, page-97

This has been one of the best batches of assays we've received... 2x 100+g/m holes plus another hole not far off. These results for extensional holes(51 & 57) are outstanding and goes to show that this is getting big. The other infill holes had decent hits with only hole 56 being disappointing. I was hoping to see some mineralisation higher up in hole 51 based on IP and intersection of CC faults however the hits further below more than make up for that. This essentially confirms CC350-375 extending that far south at decent thicknesses and grades.

Hole 57 is most intriguing here however extending CC500 100m to the east with approx. 32m thickness at 2.3 g/t as well as to a depth of 280m. It's also unlikely we've hit the end of the fault here considering the thickness and grade we've encountered. Looking forward to the other extensions to the east and south.



Within the context of the other holes:


Resource model below. Biggest changes have been to faults 500,375 & 350. I've lowered the adjustment factor of CC500 to 0.7 until we receive more infill holes to confirm the the fault is mineralised all along until hole 57.