Ann: Extensive Uranium Target Identified - Mt Ida, page-4

Evaluating these uranium drill results requires considering several factors:Grade (concentration): The parts per million (ppm) of Uranium (U) indicate the concentration in the rock samples. In this case, the reported values range from 118.71 ppm to 297.64 ppm U.Thickness (width): The number of meters (@) followed by the value represents the thickness of the rock layer containing the uranium. Here, all samples are 1 meter or 1.5 meters thick.Depth (from surface): The readings start from 3.5 meters, indicating shallow depths.Interpretation:Relatively high uranium grades: Compared to the average uranium concentration in crustal rocks (around 2-4 ppm U), these results show significantly higher uranium content.Shallow depths: While the grades are promising, the shallow depths require further exploration to determine if these zones extend deeper and can be economically extracted.Limited data: With only four drillholes presented, it's difficult to assess the overall resource potential of the area. More drilling is needed to determine the continuity and extent of the uranium mineralization.Overall:These initial drill results are encouraging and suggest potential for uranium deposits at Stakeyard Well. However, more drilling and analysis are necessary to determine the deposit's economic viability.